by OverviewFX | Mar 18, 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 | Mar 15, 2024 | Cryptocurrency
El Salvador President Bukele:Bukele’s revealing El Salvador’s Bitcoin wallet address is a strong signal of confidence from the President:Its now public info and anyone can monitor it to see if its being moved and/or lent outIt also show Bukele’s faith in Bitcoin...
by OverviewFX | Mar 15, 2024 | Cryptocurrency
The only item of note to pass across the wires today was El Salvador:El Salvador to transfer a chunk of its bitcoin to a cold wallet, store in a physical vaultWhich doesn’t seem to me to be reason to trash crypto at all!Nevertheless, BTC has been heavy: This...
by OverviewFX | Mar 14, 2024 | Cryptocurrency
It’s looking like we could get an outside day in bitcoin as it extends its decline to 5.0%. In nominal terms, it’s down $3600 to as low as $69,469.The drop in bitcoin doesn’t bode well for the Nasdaq but so far the NQ is only down 0.25%. This article...
by OverviewFX | Mar 14, 2024 | Cryptocurrency
In This video, I take a look at Bitcoin from a technical perspective with a view toward a bigger correction. With the decline today and shift below the 100-hour MA, what would kill that idea of a correction lower? What would be the next targets if the short term...
by OverviewFX | Mar 14, 2024 | Cryptocurrency
Bitcoin dailyBitcoin hit a fresh record at $73,803 earlier today but the enthusiasm has given way to selling as markets broadly sour. Bitcoin is down 3% on the day to $70,900 as broader markets fret about the Fed decision next week. The US dollar is substantially...
