Tag: bitcoin

May 30
Bitcoin Wave Analysis – 29 May 2025

Bitcoin: ⬇️ Sell – Bitcoin broke daily up channel – Likely to fall to support level 105,000.00 Bitcoin cryptocurrency recently broke the support trendline of the sharp daily up channel from the start of April intersecting with the 50% Fibonacci correction of the upward impulse from the middle of May. The breakout of this up […]

May 27
Bitcoin Wave Analysis – 26 May 2025

Bitcoin: ⬆️ Buy – Bitcoin reversed from support level 106850,00 – Likely to rise to resistance level 111830.00 Bitcoin cryptocurrency pair recently reversed up from the support level 106850,00 (which has been reversing the price during the last few trading sessions), intersecting with the 50% Fibonacci correction of the previous upward impulse from last week. […]

May 22
Bitcoin Wave Analysis – 22 May 2025

Bitcoin: ⬆️ Buy – Bitcoin broke key resistance level 108055.00 – Likely to rise to resistance level 115000.00 Bitcoin cryptocurrency pair recently broke above the key resistance level 108,055.00 (former monthly high from December and January, as can be seen below). The breakout of the resistance level 108055.00 accelerated the active minor impulse wave 5 […]

May 02
Bitcoin Wave Analysis – 1 May 2025

Bitcoin: ⬆️ Buy – Bitcoin broke key resistance level 95000.00 – Likely to rise to resistance level 99300.00 Bitcoin cryptocurrency recently broke the resistance zone between the key resistance level 95000.00 (which stopped the previous wave B at the end of April) and the 61.8% Fibonacci correction of the downward impulse from January. The breakout […]

Apr 23
Bitcoin Wave Analysis – 22 April 2025

Bitcoin: ⬆️ Buy – Bitcoin broke round resistance level 90000.00 – Likely to rise to resistance level 95000.00 Bitcoin cryptocurrency today broke the resistance area between the round resistance level 90000.00 and the 38.2% Fibonacci correction of the downward wave (A) from January. The breakout of this resistance area should accelerate the C-wave of the […]

Apr 11
Bitcoin Wave Analysis – 11 April 2025

Bitcoin: ⬆️ Buy – Bitcoin reversed from support zone – Likely to rise to resistance level 87785.00 Bitcoin cryptocurrency recently reversed from support zone between the support level 76685.00 (former low for wave (A) from the start of March, as can be seen below), lower daily Bollinger Band and the 61.8% Fibonacci correction of the […]

Jun 03
The dollar rose after job growth in the United States exceeded expectations.

The dollar rose after job growth in the United States exceeded expectations. The US dollar edged higher against a basket of currencies on Friday, as a better-than-expected US employment report pointed to a tight labor market, which could lead to interest rate hikes by the Federal Reserve. Nonfarm payrolls increased by 390,000 jobs last month, […]

May 16
The dollar has fallen from two-decade highs, while the yuan has fallen due to weak Chinese data.

The dollar has fallen from two-decade highs, while the yuan has fallen due to weak Chinese data. The U.S. dollar was down slightly on Monday after hitting a 20-year peak last week, with the global economy in focus after the Chinese yuan came under pressure following weak data. Creating a risk-off mood on Monday, China’s […]

Apr 26
The dollar has surged to a two-year high as a result of growth concerns and rate bets.

The dollar has surged to a two-year high as a result of growth concerns and rate bets. The dollar soared to a two-year high on Tuesday, while the euro fell to its lowest level since March 2020, as investors worried about the economic impact of China’s COVID-19 lockdowns and rising expectations for a major U.S. […]

Jun 21
Paxful teams up with The White Company

Paxful, a peer-to-peer bitcoin marketplace, informed that it has teamed up with the blockchain and cryptocurrency products developer The White Company. The partnership aims to deliver the benefits of global payments to emerging markets, allowing Paxful customers to exchange their bitcoin into Visa or MasterCard prepaid cards in 10 fiat currencies (USD, GBP, EUR, INR, […]