by OverviewFX | Jan 7, 2025 | 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 | Jan 7, 2025 | Cryptocurrency
The price of Bitcoin fell below a swing area and 38.2% retracement between $92,092 and $92,442 and did the same thing on December 31. Both breaks failed.The inability to extend and stay below that level gave buyers a reason to buy technically. The price started to...
by OverviewFX | Jan 6, 2025 | Cryptocurrency
Bitcoin last week held the critical support zone at $92,000 and now it’s retaken $100,000.It’s an impressive start to the year for bitcoin and is coming with broadly-positive risk appetite. It’s a good sign for stocks and the Nasdaq and will be even...
by OverviewFX | Jan 6, 2025 | Cryptocurrency
Bitcoin Futures (BTC1!) Analysis: Key Levels and Market DynamicsCurrent Price: $99,665 (+0.44%)Resistance and Liquidity Area: $102,000 to $102,500Price Magnet: This area acts as a magnet due to its high liquidity. Many participants and algorithmic strategies are...
by OverviewFX | Jan 3, 2025 | Cryptocurrency
The price of bitcoin is trading to a new session high of $98,374. The current price is trading at $98,010.The run to the upside has taken the price closer to a swing area near $99,800. Just above that is a natural resistance at $100,000. A move above that area would...
by OverviewFX | Dec 30, 2024 | Cryptocurrency
It’s an ugly day for risk assets and bitcoin is no exception. What I think is happening is that many in markets are anticipating profit taking in high-flying assets early in the new year as that pushes capital gains taxes out until 2026. There is a front-run of...
