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The Bank of Japan’s Major Policy Shift
In a move marking a significant shift in its monetary policy landscape, the Bank of Japan (BOJ) has announced a reduction in the upper limit of its Japanese government bond (JGB) purchases. This decision follows the bank’s recent departure from its longstanding practices of negative interest rates and yield curve control (YCC), a strategy aimed […]Read More
March 19 Ethereum Update – ETH Approaching a Key Support Zone
$ETH has quickly lost support at $3.4k, and the crypto markets are dropping quickly. Both ETH and BTC are down 7% so far today. For ETH there is a green support zone to monitor here, which gives a range between $3,050 and $3,160. There is likely to be some type of bullish rebound here, but […]Read More
March 19 Bitcoin Update – An Important Trendline to Monitor
$BTC has started to breakdown and is having a bearish week so far. I have this very important white trendline for BTC, which gives a price target around $55k for support. However, I think the best entry for going long on Bitcoin is below the white trendline, marked by the light blue circle. This gives […]Read More