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Bitcoin bias still bearish after failing to rebound above $41,450
Bitcoin price movement retained bearish bias last week after unsuccessful attempt to rebound above $41,450 as bears retained control of crypto market. A glance at the Bitcoin daily chart reveals the bearish trend continues, Bitcoin is testing the low...
Weekly Outlook, 2-6 May
Eyes on Central Banks We are waiting for a very volatile week focusing on central banks in the United States, United Kingdom, and Australia. While market participants are waiting for policy makers' decisions, Ukraine Crisis and Food Security are...
Contradictory news and data, different market perspectives
Where should Buy or Sell the BTC?Financial markets have had a crazy week so far, including cryptocurrencies. BTC started the week almost at the same level that is currently moving, around 39,500 USD. However, during the week, we saw (BTC) hitting a n...
Japanese Yen, should we buy or scare?
The USD is at a 20-year high, Yen in all-time low! Inflation is the primary concern in the most developed economies, and central banks are withdrawing their expansionary monetary policies, but not in Japan. Bank of Japan believes that the Japane...
Can Giants Save the Wall Street?
Wall Street opened higher, ignoring the missing GDPWhile market participants were worried about a big miss in the first quarter of US GDP, strong earnings by Meta and recovering tech stock price covered up concerns about economic growth.After its ear...
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