Market Forecasts and Analyses
22 Oct 2021 1 minute read 0 comments FX Empire
Bitcoin Dominance is turning down after reaching new high, so there’s a chance for some intraday ALTcoins rally, while BTC is slowing down. However, keep in mind that we are approaching some important resistance in the Crypto market, so...
22 Oct 2021 2 minute read 0 comments FX Empire
A break below Sunday’s $59016 low is needed to confirm wave-ii to ideally $53K. Two weeks ago, see here, when Bitcoin (BTC) was trading at $55K, I concluded, “the preferred view remains BTC is now in a new bull run to new all-time highs,...
21 Oct 2021 3 minute read 3 comments FX Empire
This year, non-fungible tokens (NFTs) have taken the crypto market by storm. According to DappRadar’s NFT Collectibles October Edition report, the NFT sector generated nearly $11 billion in trading volume in Q3 2021, representing an over 700% surge f...
21 Oct 2021 1 minute read 0 comments FX Empire
BITO’s trading volume came to extremely close to $1 billion on the first day of trading. The bitcoin futures ETF (“BITO“) made a huge splash on its maiden day of trading, reaching key milestones and smashing records. Not only did the ent...
20 Oct 2021 1 minute read 1 comment FX Empire
Gary Gensler is focused on investor protection. Now that a bitcoin futures ETF has officially started trading, the cryptocurrency markets have entered a new chapter. While the ETF is a futures-based product, crypto investors are hopefu...
20 Oct 2021 1 minute read 0 comments FX Empire
It’s been a mixed morning for the majors, with Bitcoin falling short of $63,000 levels. A move through to $63,500, however, would bring $65,000 levels into play. After a mixed day for Bitcoin and the broader market on Monday, it’s be...
19 Oct 2021 1 minute read 0 comments FX Empire
Concerns over inflation also fueled demand for bitcoin, which has a limited supply compared with the ample number of currencies issued by central banks, which were printed to stimulate economies Despite some global inflation worries,...
19 Oct 2021 2 minute read 0 comments FX Empire
Following last week’s bullish week, avoiding the week’s pivot levels and a return to last week’s highs would support another breakout, with Bitcoin targeting $68,000 levels. Bitcoin Bitcoin, BTC to USD, rose by 12.48% in the week ending 17th Oct...
18 Oct 2021 1 minute read 0 comments FX Empire
Cryptocurrency market leaders are convinced that it is only a matter of time before an Ethereum ETF emerges. The arrival of a bitcoin futures ETF has investors wondering which cryptocurrency could be next in line. Ethereum, the second-bi...
18 Oct 2021 1 minute read 1 comment FX Empire
There’s considerable risk for Netflix when it reports earnings on Tuesday because subscriber growth has slowed in recent quarters. Netflix Inc. (NFLX) is making headlines these days for Squid Games and a controversial Dave Chappelle...
