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Bitcoin falls below $33,000 breaching below support!
Bitcoin retreating accelerated last week as bears held firm control of crypto market – BTCUSD closed down six out of seven sessions. Bitcoin fell below $33,000 after breaching below uptrend support line. A glance at the Bitcoin daily chart reveals th...
Weekly Outlook, 9-13 May
Tensions and inflation After a busy week with central banks' meetings in the US, UK, and Australia and employment data from the most developed economies, in the week ahead, with fewer data and events, our focus mostly will turn back to geopoliti...
NFP Preview, jobless claims do not give us a good signal
FED: The labor market "remains extremely tight."While we are getting close to the NFP report, looking at the latest published labor market data is not that too much bright. On the other hand, FED Chair Powell believes that it remains highly tight and...
BTC in Descending elevator, can Retailers save the BTC?
Bitcoin price down below $30,000, or above $42,000?Finally, the critical level of 40,000 has been breached, and now BTC is trading with almost 10% loss in 24 hours, down around 36,400 US dollars, which is nearly 1,000 US dollars higher than the overn...
OPEC+ stick to the plan, and the oil kept the range
US emergency crude reserve at a 20-year lowIt was a tough week in all markets, including the energy and Oil markets. While Natural Gas touched another new record above $8.65, oil could keep its higher prices and again increase from the recent low at...
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