Bitcoin experienced a brief rally after the 50 bps announcement, and has quickly started to cool back down again. I have $60,700 as a key target on the way down. Next week is seasonally bearish for Bitcoin so we are likely to experience more downside over the next few days. $60,700 will be an important price level for bulls to defend.
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FTM is another great crypto project in the DeFi space. I personally don’t own any FTM, but I have friends that are bullish on it. I think FTM will do well long term for those who want to consider adding this crypto to their portfolio. I might consider buying some too, but currently don’t own […]
Read MoreThe Altcoin market is currently trading above the $622 billion resistance level, and is attempting a bullish breakout here. I would monitor for a breakout with some strong buy volume over the next few days. The Altcoin market looks very bullish, I would like to see a weekly candle close above the $620 billion for […]
Read MoreBitcoin has formed a pattern of alternating days between green and red candles. Today is trending for a green day, and tomorrow there is a risk of a red day. Yesterday evening China announced a massive stimulus plan for their banks, which is bullish for financial markets around the world. Bitcoin is currently trading within […]
Read More
FTM is another great crypto project in the DeFi space. I personally don’t own any FTM, but I have friends that are bullish on it. I think FTM will do well long term for those who want to consider adding this crypto to their portfolio. I might consider buying some too, but currently don’t own […]
Read MoreThe Altcoin market is currently trading above the $622 billion resistance level, and is attempting a bullish breakout here. I would monitor for a breakout with some strong buy volume over the next few days. The Altcoin market looks very bullish, I would like to see a weekly candle close above the $620 billion for […]
Read MoreBitcoin has formed a pattern of alternating days between green and red candles. Today is trending for a green day, and tomorrow there is a risk of a red day. Yesterday evening China announced a massive stimulus plan for their banks, which is bullish for financial markets around the world. Bitcoin is currently trading within […]
Read More