by OverviewFX | Mar 6, 2024 | Cryptocurrency
The new money chasing bitcoin ETFs has just found out that volatility runs both ways.Bitcoin dailyThe easy money on the way up has kicked off some heartburn today. The latest drop was a quick one and took out the $60,000 stops before hitting $59,387 at the low....
by OverviewFX | Mar 5, 2024 | Cryptocurrency
Bitcoin touched an all-time high of $69,202 just over two hours ago but the brief moment of exhilaration was met with a wave of pain as sellers used the headline to take profits.The turn is something I warned about earlier. Prices have quickly fallen to $64,000 in a...
by OverviewFX | Mar 5, 2024 | Cryptocurrency
Bitcoin hourlyA soft US ISM services report led to a round of US dollar selling and improving risk appetite in financial markets. That was the final nudge bitcoin needed to get above $69,000 for the first time ever.The 2021 top briefly broke in a rise to $69,200...
by OverviewFX | Mar 5, 2024 | Cryptocurrency
Technical analysis meets crypto shit coins? Or HODL it all and just moon it?Just my personal opinion, traders that made 379% on a possible shitcoin, should at least consider taking Partial Profits at possible technical junctions, even if they love the moon And even if...
by OverviewFX | Mar 5, 2024 | Cryptocurrency
The price of bitcoin is inching back toward the highway for the day at $67,621 (reached earlier today). A high price just extended to $67,577. A move above that level would have traders looking toward the $69,000 level that was the all-time high level reached on...
by OverviewFX | Mar 5, 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,...
