Market Forecasts and Analyses
6 Feb 2022 2 minute read 1 comment FX Empire
The Bitcoin Fear & Greed Index moves into the orange zone for the first time since December, suggesting a shift in investor sentiment. After a choppy first half of the week, support from the NASDAQ 100 delivered Bitcoin (BTC) and the broader crypto...
5 Feb 2022 2 minute read 1 comment FX Empire
Traders are buying coins not because of their short-term prospectus but rather the nearly 50% discounted prices on coins of all types and market caps. As of 5:30 PM Eastern Standard Time, yesterday Bitcoin was trading at approximately $38,775, gaini...
5 Feb 2022 1 minute read 0 comments FX Empire
Solana’s prices have moved upward after the Wormhole network announced that $325 million lost to a recent exploit is restored. The last couple of days have been rather shaky for the larger market with Bitcoin’s fall to the $36,250 level which trigge...
5 Feb 2022 2 minute read 0 comments FX Empire
Thus the cryptocurrency reached the “$32+/-2K” target zone and rallied strongly today as it trades at $40K. That’s a 22% gain and worthy of an update. Three weeks ago, see here, I concluded, “[Bitocin] BTC is now getting close to the upper end of my...
4 Feb 2022 1 minute read 1 comment FX Empire
Bitcoin price started a fresh decline below $37,200, ether price is struggling below $2,700, and DOT remains at a risk of a larger decline. Bitcoin After a clear move below $37,200, Bitcoin price saw bearish moves. There was a break below...
4 Feb 2022 1 minute read 0 comments FX Empire
LUNA has remained relatively sensitive to Bitcoin’s price action and yet again as Terra falls by over 10%, when can a true recovery be expected? With the weekend approaching, the larger crypto market once again started to look shaky. At...
4 Feb 2022 1 minute read 2 comments FX Empire
MicroStrategy’s average purchase price per Bitcoin has already surpassed the $30,000 level. MicroStrategy, a firm famous for its Bitcoin buying strategy, has recently released its fourth-quarter report and announced that it bought 660 BTC for $25 mi...
3 Feb 2022 1 minute read 0 comments FX Empire
Bitcoin price is struggling to settle above $39,000, Ether price started a fresh downside correction from $2,800, and BNB is facing a strong resistance near $400. Bitcoin After a steady recovery wave, Bitcoin price moved above the $39,000 level. How...
3 Feb 2022 2 minute read 3 comments FX Empire
Ethereum’s price seems to have picked up the pace on the back of larger market gains but where ETH would be headed still remains a mystery. After making an all-time high of $4,847.57 on 10 November, the king altcoin’s price trajectory has largely be...
3 Feb 2022 2 minute read 0 comments FX Empire
As the markets await an executive order from the White House on crypto regulations, India rolled out a 30% crypto tax on Tuesday, testing crypto support. After having seen a 3-day losing streak come to an end last Sunday, Bitcoin (BTC) r...
