by OverviewFX | Dec 19, 2024 | Cryptocurrency
Bitcoin is struggling again in a poor sign for risk trades. It’s back through $100,000 in a quick move down from $102,500 in the past hour or so. The level to watch now is the Asian low of $98,677. There was a solid bounce from there earlier but if it breaks ewe...
by OverviewFX | Dec 19, 2024 | Cryptocurrency
There were certainly signs of excess in this market and now bitcoin is signalling worries. Bitcoin hit $108.3K yesterday but has traced out a three-candle reversal now.It’s down $4700 today or 4.4% and is now lower on the week.Bitcoin dailyMy question: What...
by OverviewFX | Dec 19, 2024 | Cryptocurrency
Federal Reserve Chair Powell covered a lot of ground in his press conference today, with the emphasis on, of course, the outlook for monetary policy. He was asked by a reporter though if he sees value in the U.S. government building a bitcoin reserve. Powell was not...
by OverviewFX | Dec 18, 2024 | Cryptocurrency
Australian Securities and Investments Commission (ASIC) has filed allegations in the Federal Court claiming that more than 500 retail clients of Oztures Trading Pty Ltd, operating as Binance Australia Derivatives (Binance), were incorrectly classified as wholesale...
by OverviewFX | Dec 18, 2024 | Cryptocurrency
🚀 Bitcoin Price Prediction by AI and: Key Levels to Watch for Current Range-Bound Trading 📊Current Overview: Bitcoin Futures (December Contract)Bitcoin futures are currently consolidating within a well-defined range as buyers struggle to gain control, and sellers...
by OverviewFX | Dec 17, 2024 | Cryptocurrency
Scaramucci is the founder of investment firm SkyBridge Capital and long-time crypto bull. In an interview on Friday he forecast Bitcoin to USD 200K by the end of next year. Citing:wave of crypto-friendly policies and deregulation expected under the incoming Trump...