Find below weekly Bitcoin to USD ( BTCUSD ) forecasts and technical analysis for Indian forex traders and investors.
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction An increase in miners’ reward finally confirms a bottom of the Q2-Q4 2019 bullish wave correction of the BTCUSD on Binary.com broker. This week, we analyze the key resistance levels that were breached, as well as significant reversal chart patterns that have brought the crypto […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The year 2019 ended with December closing within the high-low range of the long bearish November candlestick on FBS broker and exchange terminals, a setup similar to the collection of bearish action in December 2018. Should we expect a break above significant bearish resistance ($7772.71) […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Napoleon AM, a Paris-based asset management firm, launched a professional Fund under French laws, dubbed the Napoleon Bitcoin Fund (NBF). The NBF would function by making a replica price of cash-settled Bitcoin Futures on the CME, a first of its kind that gives exposure to […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The demand for Bitcoin BTC dries up across all crypto broker platform following a plunge in mining reward starting from Jul 11 and 13 ’19. Notice how the pair transitions into a corrective A-B-C wave after completing a 5-wave (Elliot wave) pattern on Dec ‘17. […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction A bizarre rumor has been spreading this week after privacy based coin Grin on November 11 received an anonymous donation of about 50 Bitcoin (BTC), with many people claiming that Satoshi was behind the generous donation. The company, who, on November 11, announced the donation […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction A report published by Bloomberg from an analysis of major Indian forex brokers an increase in the trading volume of Bitcoin BTC futures by roughly 50%. The report confirms that Bitcoin BTC is becoming a growing asset class. Institutional investors that have been risk-averse in […]
BTC/USD Forecast and Technical Analysis & Fundamentals for cryptocurrency Introduction According to Bitcoin bull and crypto analyst, Peter Brandt, in a tweet on September 29, the Bitcoin price could slump towards the $5500.00 area. The Bitcoin BTC on XM broker and exchanges already head towards Mr. Brandt’s projected price range. Let’s take a closer look […]
BTCUSD Forecast and Technical Analysis & Fundamentals for cryptocurrency Introduction After making contact with the MA-50 of the Bitcoin dominance chart, we start to see a decline in the price of Bitcoin on the FBS platform. Last week’s bearish price close even hints further price decline towards the $7000.00 round number. Come along as we […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The Bakkt Bitcoin BTC futures is successfully launched, which can be thought of as a Binomo crypto broker that allows for physically settled BTC futures on 23 September. This is a major event in the crypto industry that will bring huge volatility into the markets. […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Following a bearish closing month of August, with the last three weeks of the month closing bearish and setting resistance level at $10955.48, $10650.00, September opened with a price surge towards the resistance levels and closing bullish last week across crypto broker charts. Let’s go-ahead […]