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Bitcoin, time to buy?
29K and 40K, or 37,500 and 42K?Bitcoin price traded below $29,700 this morning before its return above 31,00 and rejected from 32,650. This means the first 3.6% fall, then a 9.75% rise from the daily low and again more than 8% discoun...
Stock Recovery fails, and Gold free fall!
FED Speakers boosting markets ahead of Inflation dataWhile technically latest free fall in the stock market could create an opportunity for many investors and traders, on the other hand, FED Speakers also helped the market sentiment to get some of th...
Global Economic Outlook - May 2022
Foggy economic conditions and fears of stagflationWhile we are still dealing with the Russia-Ukraine conflict, Inflation in the United States started showing some signs of muting and decline. At the beginning of the month, most central banks already...
Bitcoin falls below $33,000 breaching below support!
Bitcoin retreating accelerated last week as bears held firm control of crypto market – BTCUSD closed down six out of seven sessions. Bitcoin fell below $33,000 after breaching below uptrend support line. A glance at the Bitcoin daily chart reveals th...
Weekly Outlook, 9-13 May
Tensions and inflation After a busy week with central banks' meetings in the US, UK, and Australia and employment data from the most developed economies, in the week ahead, with fewer data and events, our focus mostly will turn back to geopoliti...
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