by OverviewFX | Mar 11, 2025 | Cryptocurrency
tradeCompass – Bitcoin Futures Analysis for Today, March 11, 2025Bitcoin Price OverviewCurrent Price: $82,005Daily Performance: +3.77% from yesterday’s closeIntraday Surge: +7% from today’s low at $76,735Bitcoin futures have seen a strong rally, but the market is now...
by OverviewFX | Mar 11, 2025 | Cryptocurrency
The UK Treasury said there is “no plan” to introduce US-style Bitcoin reserves:UK Treasury deems the cryptocurrency’s volatility to be unsuitable for the UK“Bitcoin and other crypto assets have been historically volatile assets relative to stable fiat...
by OverviewFX | Mar 10, 2025 | Cryptocurrency
Bitcoin technicalsBitcoin yesterday, and again today, has movedbelow the 200-day moving average (MA) at $83,370, signaling increased bearish momentum if the price remains under this key level. Staying below the 200-day MA keeps the sellers in control. The price today...
by OverviewFX | Mar 10, 2025 | Cryptocurrency
Bitcoin dailyThe US strategic bitcoin reserve announcement wasn’t the catalyst that bitcoin bulls hoped it would be. Instead, it’s created a flurry of ‘sell the fact’ trades that have it threatening the lowest levels since the election.Bitcoin...
by OverviewFX | Mar 10, 2025 | Cryptocurrency
Crypto is still expressing its disappointment over the Trump Crypyo ‘Reserve’ that wasn’t.Bitcoin smashed lower after Trump reversal on Bitcoin reserve – its just a stockpileBitcoin falls below $83,000 as US bitcoin reserve news disappointsThe...
by OverviewFX | Mar 10, 2025 | Cryptocurrency
Utah lawmakers have approved a Bitcoin-related bill, but only after removing a key provision that would have allowed the state treasurer to invest in Bitcoin.The bill, HB230 “Blockchain and Digital Innovation Amendments,” now awaits Governor Spencer Cox’s...