Find below weekly Bitcoin to USD ( BTCUSD ) forecasts and technical analysis for Indian forex traders and investors.
Introduction The recent dip in the crypto market has made the Indian brokers observe the reaction of price and what is likely to happen in the crypto industry as the market cap dropped below $1 trillion by 2021. The close price below the psychological zone of 25500 has increased the bearish momentum in the market. […]
Introduction The best Indian brokers may begin to see the long-term position traders closing out their trades as they see the BTC chart break below the psychological zones to bottom at a new low should the bearish momentum continue. Some analysts say that the price may bottom at the $12K or $9K depending on the […]
Introduction Crypto brokers in India welcome the recent step taken by the SEC to tackle frauds in the crypto market as a means of protecting innocent investors according to the chairman of SEC Gary Gensler. The Securities and Exchange Commission is ready to crack down on the criminal activities in the digital asset market. BTCUSD […]
Introduction Indian brokers have seen how the price of bitcoin broke out above the $40000 level severally this year but have not dominated the zones. The price of bitcoin has been ranging between the $30000 low and the high of $45000. Can the long position traders breakout convincingly above the resistance zones or the sellers […]
Introduction The news about Russia and Ukraine crisis is a concern for bitcoin brokers and other financial institutions as the market becomes uncertain of its direction because of the fear factor in the crypto market. Can the BTC coin over turn the resistance zone of 46000 for the trend to run or we get a […]
Introduction A country like Russia has shown interest in legalizing digital assets to boost its economic activities for businesses and individuals who want to operate through digital assets. The government’s decision has increased the global market cap for digital assets by 1.5%, this news is a welcome development for the top Indian brokers. BTCUSD Technical […]
Introduction The performance of bitcoin in recent times has made the number one coin slip below the $42000 mark and it has also affected other altcoins in the digital asset class. As the price of the cryptocurrency is around some key areas on the chart, India brokers are observing how the market will react around […]
BTCUSD Forecast and Fundamentals for BTC Introduction The bullish run of bitcoin may be running out of steam as India brokers such as IQ Option are uncertain about the bullish momentum as the price of the digital coin has not broken above the resistance levels on the higher timeframe. The bullish run since July had […]
BTCUSD Forecast and Fundamentals for BTC Introduction The news from MicroStrategy about bitcoin becoming a $100 Trillion Asset class is an encouragement for the Indian forex brokers because the bitcoin surge has been boosted through Institutions buying bitcoin and others investing in it. Let’s proceed to identify the technical levels and chart patterns that hint […]
BTCUSD Forecast and Fundamentals for BTC Introduction Major online stores like Alibaba, Amazon, and other offline superstores are getting ready for the big sales coming up this month. The acceptance of digital coins will interest IQ Option investors to participate in the global event because it will be an added advantage for the superstores that […]