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Bitcoin retraces down from Fibonacci resistance
Crypto

Bitcoin retraces down from Fibonacci resistance

Bitcoin renewed the bullish thrust last week. The price is above $29,400 currently after it advanced and reflected off the Fibonacci 261.8 resistance. The RSI entered the overbought zone again last week but then returned back into the neutral zone. T...

Author:
Ara Zohrabyan
Published on: 17.04.2023 17:39 (UTC)
654
Bitcoin poised to renew bull run
Crypto

Bitcoin poised to renew bull run

Bitcoin trading range narrowed a little last week. The price is above $28,150 currently while Bitcoin price consolidation midway between Fibonacci 161.8 and Fibonacci 261.8 levels continued. The RSI indicator position in neutral zone has not changed....

Author:
Ara Zohrabyan
Published on: 10.04.2023 17:43 (UTC)
357
Bitcoin upside momentum persists
Crypto

Bitcoin upside momentum persists

Bitcoin trading range changed little last week. The price is above $28,200 currently. Bitcoin price continued its consolidation midway between Fibonacci 161.8 and Fibonacci 261.8 levels. The RSI indicator remains in neutral zone. The trading bias rem...

Author:
Ara Zohrabyan
Published on: 03.04.2023 17:26 (UTC)
383
Weaker Ruble amid signs of growing pressure on Russia
Analysis

Weaker Ruble amid signs of growing pressure on Russia

While the price of one of the most critical sources of Russian income decreasing in recent months to raise the pressure on the Russian economy, investors are trying to assess the net impact of disruption to Russian exports of crude and products due t...

Author:
Ahura Chalki
Published on: 30.03.2023 20:29 (UTC)
1105
Gas price moves around $2. Time to reverse?
Analysis

Gas price moves around $2. Time to reverse?

While marker participants and investors cautiously ignore banking crises and markets getting ready to move higher, Gas and Oil reserves dropped in the last two weeks, helping the energy prices to move higher. In the week ending March 24, accordi...

Author:
Ahura Chalki
Published on: 30.03.2023 18:53 (UTC)
1000

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