by OverviewFX | Dec 5, 2024 | Cryptocurrency
While all eyes are Bitcoin which broke through the $100K glass ceiling and have since moved to $103,500 area, the major Asian Pacific indices are having a mixed day:Nikkei 225 is up 176 point or 0.45% at 39458Hong Kongs Hang Seng index is down close to 200 pointw or...
by OverviewFX | Dec 2, 2024 | Cryptocurrency
There is a divergence unfolding with the Nasdaq up 1% but bitcoin now at the lows of the day, down nearly 3%.Bitcoin had showed some strength early in US trading but couldn’t crack $97,500 and sellers have now taken over in a relatively quick drop to $94,500,...
by OverviewFX | Nov 27, 2024 | Cryptocurrency
Standard Chartered on Bitcoin, forecasts:$125,000 by the end of this year$200,000 by end-2025Expects a dip below $88,700 in the current retracement phase. says to buy between $85,000 and $88,700 Stan Chart cite:large increase in bitcoin buying from exchange-traded...
by OverviewFX | Nov 26, 2024 | Cryptocurrency
The price of Bitcoin surged sharply following President-elect Trump’s victory, climbing from $66,798 on November 4 to $99,800 by Friday. However, over the weekend, the price corrected lower, and this downward momentum continued into Monday and today. The decline...
by OverviewFX | Nov 26, 2024 | Cryptocurrency
You may have seen the overly excited headlines hitting on this from around the place … they came as Bitcoin was getting smashed lower so were best ignored. However, its not bad news for the crypto and now that some of the excitement has worn off, some...
by OverviewFX | Nov 25, 2024 | Cryptocurrency
I worry about the risk mood at the moment as the megacap tech stocks and bitcoin turn lower. Bitcoin bulls were frothing at the idea of $100K in thinner weekend liquidity but $99,400 was the peak and the sellers have been in charge since. They took another run in Asia...
