Nov 23, · Bitcoin Bitcoin Weekly Outlook: Bulls Break Loose ahead of FOMC Minutes. Bitcoin exploded above $34, for the first time on Sunday, prolonging a record-shattering rally that yielded more than a percent gain in Yashu Gola | 4 hours ago. Nov 16, · Bitcoin Bitcoin Weekly Outlook: Bulls Break Loose ahead of FOMC Minutes. Bitcoin exploded above $34, for the first time on Sunday, prolonging a record-shattering rally that yielded more than a percent gain in Yashu Gola | 15 hours ago. The weekend trading session saw the Bitcoin price falling to as low as $13, (data from Coinbase). Meanwhile, entering the new weekly session has seen it recovering to as high as $13, Bitcoin shows signs of correction while approaching the US election day. Source: BTCUSD on natur-holzbausteine.de
Bitcoin weekly outlookBitcoin Weekly Outlook: Can BTC/USD Break Above $20,? - natur-holzbausteine.de
Both the fundamental drivers offset one another. That allows investors to stay hedged in assets that have the least correlation with the macroeconomic events. The cryptocurrency rose incredibly higher against the vaccine news. On the other hand, its top competition gold logged its worst single-day performance in a decade.
The coronavirus-induced market uncertainty could have traders sell the local top and target lower levels for re-accumulation. But with two offsetting fundamentals and the US presidential election in rearview, Bitcoin has more reasons to wait-and-watch than it has to continue its uptrend towards another yearly high.
Could you be next big winner? I consent to my submitted data being collected and stored. The independent market analyst spotted Bitcoin dived by as much as An declared mastermind of a cryptocurrency scam has actually been arrested in India after he ran away the nation A Bitcoin pattern indicator whose last look in had actually sent out the costs 10 times greater appeared Senator, AP forecasted Get the latest updates and follow the coverage of Bitcoin, blockchain, crypto, Fintech, interviews, and price analysis, and more from the world's top trusted sources.
Wednesday, January 6, Home Crypto News. December 7, Share on Facebook Share on Twitter. Share Tweet Share. Related Posts. Vietnamese bank issues its first letters of credit on the blockchain by admin. January 6, By contrast, the next election delay comes amid a global pandemic and a recession , unprecedented sovereign deficits, and deep partisan issues between the Democrats and the Republicans.
In these times, the only safe-haven that investors could find ideal is the US dollar — historically. But if anything goes south, then investors could run for the US dollar. On Wednesday and Thursday, the Federal Reserve will conduct its monthly meeting.
Both the events would bring a short-term outlook of the US economy amid a stimulus impasse. Could you be next big winner? I consent to my submitted data being collected and stored. The independent market analyst spotted Bitcoin dived by as much as Bitcoin saw some wild overnight volatility that came about after a flurry of selling activity liquidated long positions and sent its price reeling lower This selloff was quite intense All Rights Reserved.