by OverviewFX | Apr 17, 2024 | Cryptocurrency
The price of bitcoin has moved below the 38.2% retracement of the 2024 trading range at $60,314 and has also moved below the $60,000 level for the first time since March 5. The low price has reached $59,672. The low price from March 5 came in at $59,313. That is the...
by OverviewFX | Apr 16, 2024 | Cryptocurrency
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
by OverviewFX | Apr 15, 2024 | Cryptocurrency
So much for a safe haven? Or store of value?The price of bitcoin is trading below the $64,000 level again. The low price for the day reached $63,696. Over the weekend, the price moved down to a low of $61,308. That was the lowest level since March 20. In the trading...
by OverviewFX | Apr 15, 2024 | Cryptocurrency
Bitcoin 10 minuteBitcoin bids have accelerated in the past hour as it nearly erases the week-end drop that was prompted by Iran’s strikes on Israel.The catalyst for the latest leg of buying is the Hong Kong approval of spot BTC and ETH applications for ETFs....
by OverviewFX | Apr 14, 2024 | Cryptocurrency
Bitcoin intradayIt would be havoc right now if markets were open and it might yet be when they open in less than 24 hours.Bitcoin is down more than 6% in what could be a sign of what’s to come. Bitcoin finished Friday at $67,138 but it’s now trading down...
by OverviewFX | Apr 12, 2024 | Cryptocurrency
Bitcoin dailyIt’s an ugly one for bitcoin as it fell nearly 7% on the day to $65,239 at the lows. It’s since recovered slightly as nearby support from the April low helps out.The halvening is coming up and the bitcoin bulls hope that’s a catalyst...
