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...
by OverviewFX | Jan 8, 2025 | Cryptocurrency
Bitcoin Futures Technical Analysis – January 8, 2025Financial Instrument: Bitcoin FuturesPrice at the Time of Analysis: $96,095Key Levels to Watch for Bitcoin Futures (BTC)Bullish Above $96,930Why Bullish Above?A move above $96,930 would place the price above several...
by OverviewFX | Jan 8, 2025 | Cryptocurrency
Steve Hanke is a professor of Applied Economics at Johns Hopkins University. On a Bitcoin reserve:It diverts weighting and savings into old masters that just, it just sits there and is never invested in bankable projects that actually produce anything and increase...
by OverviewFX | Jan 8, 2025 | Cryptocurrency
The Czech National Bank, is the central bank and financial market supervisor in the Czech Republic.Governor Aleš Michl is reported as having considered Bitcoin as a potential diversification strategy for the country’s foreign exchange reserves, Via CNN Prima News...
by OverviewFX | Jan 8, 2025 | Cryptocurrency
ETHUSD analysis: RSI signals oversold conditions amid potential trading range formationEthereum (ETH) is at a critical juncture, with the ETHUSD pair reflecting key technical signals that traders and investors cannot ignore. On the 4-hour chart, the Relative Strength...
by OverviewFX | Jan 7, 2025 | Cryptocurrency
Ethereum Futures Analysis for TodayFinancial Instrument: Ethereum FuturesPrice at the Time of Analysis: 3,690Key Levels to Watch in ETH FuturesBullish Above 3,733Why Bullish Above?A move above 3,733 signals that the price has surpassed yesterday’s Value Area High...
