by OverviewFX | Nov 16, 2024 | Cryptocurrency
Bitcoin is closing out a great week on a positive note. It briefly fell below $88K in US trading but has been steadily bid since and particularly in the past hour. It’s now up 3.3% on the day to $91,200 and that’s coincided with a modest rebound in risk...
by OverviewFX | Nov 14, 2024 | Cryptocurrency
bitcoin 10 minsBitcoin has seen some bids early in US trading in the past two days, likely frontrunning ETF flows. The bulls tried that move again today and boosted it to a session high at $91,800 but despite edging above the Asian highs, there was no follow...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
Bitcoin ran up to $93,500 in the US morning before some profit taking hit. When a second run at that level couldn’t crack it, a decent round of selling hit, taking it down to $91,000.BTC 5 minsIt all looks like a rather standard move in a major breakout. The...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
$90,000 is a big milestone for bitcoin but it immediately calls to mind the barrier at the mother-of-all milestones.In general, the momentum and whatnot driving interest at something that’s rallies so much and has an obvious target is irresistible. This article...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
The price of Bitcoin moved above $70,000 again on November 5th, and $80,000 on November 10. The price broken $90,000 on November 12. Is Bitcoin 100K in the cards?The price has moved to a new all-time high of $91,945 – breaking above the high price from yesterday...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
Yesterday bitcoin bottomed early in New York trading and rallied throughout the day. The catalyst was likely flows into ETFs, though I’d note that for every buyer, there is a seller.This is the third test of $90K and there is a sense of inevitability about this...
