ClearValue Team Insights
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Bitcoin Continues its Path to Recovery
Bitcoin has been gradually rebounding after the 4th of July selloff. The German government has applied a lot of sell pressure in the Bitcoin market, but is unable to keep the price down. Bitcoin is showing some resilience here, and continues to gradually climb higher. There is resistance between $58k and $60k, Bitcoin is making […]Read More
Slow Recovery for the Altcoin Market
Today we received a bullish June CPI reading that came in better than expected. This is the lowest reading since January. Altcoins and small caps are two assets that don’t perform well in a high interest rate environment. After today’s low June CPI reading IWM had a very bullish spike and could start to trend […]Read More
NASDAQ and S&P Melt Up to New Highs
The NASDAQ and S&P continue to form new all time highs. QQQ has more room to trend up before reaching the yellow resistance line around $526. I will provide a more accurate target as we approach the yellow trendline. The S&P continues to rally above a very important white resistance line that has historically provided […]Read More