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Bitcoin rebound in progress
Crypto

Bitcoin rebound in progress

Bitcoin price is retracing down after testing $21,450 today. The bullish momentum was enhanced by strong impulse wave last week as the price breached above Fibonacci 23.6, 38.2 and 61.8 resistance levels without a recoil. The price is retracing lower...

Author:
Ara Zohrabyan
Published on: 16.01.2023 17:57 (UTC)
430
US 2023 Economic outlook
Market Outlook

US 2023 Economic outlook

A winter before conventional conditionsTo see what we should wait from the US economy, we must watch the Fed and the US government's monetary and Economic policies. About the Fed, it is expected to raise the rate by another 50 basis points before goi...

Author:
Ahura Chalki
Published on: 16.01.2023 10:31 (UTC)
880
BAC Earnings Preview | Q4 2022
Analysis

BAC Earnings Preview | Q4 2022

Beating the estimates would not be a surprise! Bank of America Corporation will publish its earnings on Friday, January 13, before the US market opens. Based on 11 Zacks Investment Research analysts, the consensus estimate for EPS is $0.79, down...

Author:
Ahura Chalki
Published on: 12.01.2023 19:53 (UTC)
1134
Can Bitcoin bulls continue on their way?
Analysis

Can Bitcoin bulls continue on their way?

Investors have become more cautious, and overall digital currencies market is still suffering.On Wednesday, January 11, FTX said it had recovered $5 billion in cash and cryptocurrencies, which it may sell to repay its creditors. This report helped th...

Author:
Ahura Chalki
Published on: 12.01.2023 13:29 (UTC)
1093
Yen ignored Inflation numbers.
Analysis

Yen ignored Inflation numbers.

Both CPI and Core CPI raised 4% in December.With the Monday holiday, this week started on Tuesday in Japan and with inflation numbers. According to the Statistics Bureau of Japan, both CPI and Core CPI in Tokyo rose by 4% in December, up from 3.7% an...

Author:
Ahura Chalki
Published on: 11.01.2023 21:16 (UTC)
926

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