Tag Archives: Inflection

Bitcoin Close to Key Inflection Zone, $10,500 Holds The Key For Subsequent Rally

Bitcoin worth remained nicely supported above $9,900 and $10,000 in opposition to the US Greenback. BTC is at the moment recovering and approaching a serious breakout zone at $10,500. Bitcoin is buying and selling greater, and it surpassed the $10,200 resistance zone and he 100 hourly easy shifting common. It’s dealing with a serious hurdle… Read More »

Bitcoin could maintain $10Ok as gold nears ‘inflection level’ vs. shares

Big positive aspects in inventory markets regardless of the dire financial penalties of coronavirus could quickly be a factor of the previous, one analyst warns. In a tweet on Sep. 4, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, stated that gold could quickly get the limelight as markets attain an “inflection level.” Strategist: fiat… Read More »

Bitcoin at Inflection Level, With Technicals Signaling Weak spot

(Bloomberg) — With Bitcoin buying and selling under $7,000, technical indicators present it’s nearing a key inflection level. Based mostly on its drop over the previous week, the largest cryptocurrency is drifting in a slender buying and selling band, with help at $6,500 on the draw back and robust resistance at $7,000 on any potential… Read More »