Market Forecasts and Analyses
12 Oct 2021 1 minute read 1 comment FX Empire
Apart from Bitcoin hitting near-term overbought levels, the past few days have seen a slight increase in spot exchange reserves as short-term investors began to take profit. It is a cautious signal for the near term, but reserve levels remain low. ...
11 Oct 2021 1 minute read 3 comments FX Empire
The smart trade on Bitcoin could be to the downside in coming weeks, but don’t sell short too early. Third quarter earnings season starts this week, with reports from Delta Air Lines Inc. (DAL) and a host of commercial banks that incl...
11 Oct 2021 1 minute read 1 comment FX Empire
The Galaxy Digital chief believes it’s only a matter of time before bitcoin catches up with the precious metal. Now that the bitcoin price is back above $50,000, cryptocurrencies are in the limelight once again. A risin...
10 Oct 2021 1 minute read 0 comments FX Empire
US-listed mining firms are currently hoarding Bitcoins worth more than $1 billion in anticipation of the cryptocurrency’s price soaring in the fourth quarter of the year. Corporate entities are starting to hold more Bitcoins on their balance sheet...
10 Oct 2021 3 minute read 0 comments FX Empire
This piece will discuss the numerous catalysts that have propelled BTC back over $50,000 and if or how they differ from the rally that led to the all-time high being hit this Spring. First, we will discuss the excitement of...
9 Oct 2021 2 minute read 0 comments FX Empire
A bullish morning gives the Bitcoin bulls a run at $60,000. Avoiding a return to sub-$55,000 levels will be key, however. After another mixed day for Bitcoin and the broader market on Thursday, it’s been a broadly bullish Friday mor...
8 Oct 2021 2 minute read 0 comments FX Empire
I have kept you updated on Bitcoin’s (BTC) “Elliott Wave Principle (EWP) waves” regularly over the past many months. In my update from last week, I found, “A break above $48788 is still needed to confirm the anticipated run to $90K+.” That break happ...
8 Oct 2021 1 minute read 2 comments FX Empire
It’s been a choppy morning for the majors, with Bitcoin giving up $55,000 levels. An afternoon rebound would give the Bitcoin bulls a run at $60,000, however. After a mixed day for Bitcoin and the broader market on Wednesday, it’s bee...
7 Oct 2021 2 minute read 0 comments FX Empire
Dogecoin has been buoyed lately by remarks out of a couple of popular CEOs. Calgary, Alberta, Canada. May 22, 2021. A couple of Dogecoin with one dollar bills on the background. Dogecoin has muscled its way back int...
7 Oct 2021 2 minute read 1 comment FX Empire
Shiba Inu is trying to settle above the resistance at $0.00002350. Shiba Inu Gained Strong Upside Momentum Shiba Inu continues to rally on high trading volume. The cryptocurrency gained strong upside momentum after it managed to get abov...
