by OverviewFX | Nov 13, 2024 | Cryptocurrency
Over the pas two weeks, the big numbers have been falling like dominoes. Another one is teed up now as bitcoin trades up $1600 to $89,600.In Asia, it rose as high as $89,982 before retracing all the way to $84,500 at the start of US trading. The turn came just before...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
The price of bitcoin has reached $90,000 level for the first time. The high price just reached $90,016, but has backed off and trades and $86,090 currently. The price broke above the $80,000 level for the first time during Monday’s trade. Just two days later the...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
Trump statement (in summary):Elon Musk and Vivek Ramaswamy will lead the newly created Department of Government Efficiency (DOGE).Their mission is to dismantle government bureaucracy, reduce excess regulations, cut wasteful spending, and restructure federal...
by OverviewFX | Nov 13, 2024 | Cryptocurrency
Announcement here:Trump names Elon Musk, Vivek Ramaswamy to lead Department of Government Efficiency (DOGE)DOGE pops, as intended I suspect:I posted last week the warning that we’d be getting tradeable volatility from trump like we did the first time...
by OverviewFX | Nov 11, 2024 | Cryptocurrency
There are times when the fundamentals and technicals align, the past week has certainly been one of those moments in bitcoin.The election of a crypto-friendly Republican slate combined with the break of a long-term range has been rocket fuel for bitcoin and it’s...
by OverviewFX | Nov 11, 2024 | Cryptocurrency
The price of bitcoin is trading to a new fresh session high and is above the $83,000 level. The price is currently trading at $83,050. That’s up about $2625. The high price has reached $83,139.Looking at the hourly chart below, the price extends above a channel...
