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Bitcoin Facing Resistance in the Red Zone
BTC has been trading in the red resistance zone since yesterday. There is a sell wall between $98,000 and $100,000. I have emphasized that it will be difficult to break through $100k, but BTC has done a pretty good job of pushing into resistance. So far there has been a peak around $99.5k, but we […]Read More
Chinese Stocks Selloff from Trump’s Tariff Plans
Trump’s US election victory has led to a significant impact on the financial markets with Bitcoin rallying to new all time highs, as well as Gold and Chinese stocks selling off. Trump has warned that he will place high tariffs on China, which is leading to a selloff for HSI and stocks like PDD and […]Read More
BTG Rejection in the Green Zone
BTG hit resistance in the green zone and started to selloff. I think there I a rebound forming around $2.70, and BTC could continue to rally back towards the green zone again. For now the price is just trading within a range, but is showing some bullish momentum with hopes of breaking above the green […]Read More