by OverviewFX | Jan 13, 2025 | Cryptocurrency
TradeCompass: Bitcoin Futures Analysis Today – 13 January 2025Financial Instrument: Bitcoin FuturesPrice at the Time of Analysis: 94615Key Levels and Trade Scenarios for Bitcoin Futures TodayBullish Above: 96000Why Bullish Above:If Bitcoin futures cross above 96000,...
by OverviewFX | Jan 10, 2025 | Cryptocurrency
The cryptocurrency market continues to experience a steep downtrend, marking its third consecutive day of losses. Bitcoin (BTCUSD), the market leader, has fallen approximately 12% over this period, crossing below a critical support level not breached in the last 50...
by OverviewFX | Jan 9, 2025 | Cryptocurrency
Posting this ICYMI:South Korea’s Financial Services Commission (FSC) is reportedly preparing to ease restrictions on institutional cryptocurrency trading. According to Yonhap news agency, the plan seeks to gradually allow institutional investors to open trading...
by OverviewFX | Jan 9, 2025 | Cryptocurrency
Bitcoin Analysis for Today: Key Levels to WatchAs of this analysis, Bitcoin Futures are trading at 94,685, offering a pivotal setup for traders and investors looking for directional opportunities. The price is consolidating around significant levels, and today’s...
by OverviewFX | Jan 8, 2025 | Cryptocurrency
The last two hours have been a ride for bitcoin traders.The cryptocurrency fell as low as $92,728 but the 92K figure has been a key area of support recently and it found strong buyers, rebounding to $94,500.bitcoin 5 minsThe broader risk trade followed a similar...
by OverviewFX | Jan 8, 2025 | Cryptocurrency
The price of bitcoin is continuing its run to the downside today, and has now traded below the rising 200-hour MA at $96883. The low just reached $96296. Traders will be eyeing that 200 hour MA level for bias clues. Stay below is more bearish. Fail on the move below...
