Category: crypto-trading

Bitcoin bounces at key support ahead of Fed decision.

This article will provide an update on the current technical set up on Bitcoin. Before we jump into the charts, let’s talk about some headlines making their way around mainstream financial media. The world’s largest cryptocurrency dropped to a one week low as traders and investors awaited CPI and the Fed decision. CPI for the… Read More »Bitcoin bounces at key support ahead of Fed decision.

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Bitcoin bulls beware! Topping pattern to trigger more downside?

You know I was hoping to enjoy this weekend off from charts, but I could not help myself. Many traders, even just for curiosity, had their eyes glued on the bitcoin chart given the Israel-Iran tensions over the weekend. Before the markets closed for the weekend, they did sink as the Iranians said they were… Read More »Bitcoin bulls beware! Topping pattern to trigger more downside?

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US Bitcoin ETFs begin first day of trading

Bitcoin bulls have been waiting for this news. The biggest catalyst touted by Bitcoin traders and investors was the SEC approving US Bitcoin ETFs. That day has come and US Bitcoin ETFs have begun trading today. The SEC approved the first ever batch of Bitcoin ETFs to come out of the US with the green… Read More »US Bitcoin ETFs begin first day of trading

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XRP tests key resistance, huge open interest!

XRP seems to be built differently. With Bitcoin and other crypto charts showing positive signs of upcoming breakouts, XRP has triggered a major break with strong follow through momentum. This comes as XRP did not move along with Bitcoin and most cryptos during the Silvergate and subsequent Silicon Valley Bank issues. While cryptos moved down… Read More »XRP tests key resistance, huge open interest!

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Bitcoin and crypto pop as US government acts to protect deposits

Everyone is talking about Silicon Valley Bank and Signature Bank. What might not be known is that these banks both have ties to the crypto industry. With government intervention, deposits at both institutions will be guaranteed, and more backstops and safety nets have been put into play from the Federal Reserve and the Treasury to… Read More »Bitcoin and crypto pop as US government acts to protect deposits

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Bitcoin and crypto pop as US government acts to protect deposits

Everyone is talking about Silicon Valley Bank and Signature Bank. What might not be known is that these banks both have ties to the crypto industry. With government intervention, deposits at both institutions will be guaranteed, and more backstops and safety nets have been put into play from the Federal Reserve and the Treasury to… Read More »Bitcoin and crypto pop as US government acts to protect deposits

The post Bitcoin and crypto pop as US government acts to protect deposits appeared first on Equity.Guru.

Bitcoin and crypto reversals in play?

After what has been called a crypto winter, things could be turning for bitcoin and cryptocurrencies. Yes, I understand we had the FTX news, and now some Gemini and Genesis news. But the charts are telling a different story. Before I begin on the charts, I want to highlight something I have always said about… Read More »Bitcoin and crypto reversals in play?

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