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Bitcoin Price Prediction – Bears Target Return to Sub-$53K as Bulls Falter at $57K

14 Oct 2021 1 minute read 2 comments FX Empire

It’s been a choppy morning for Bitcoin and the broader market. A Bitcoin return to $57,000 levels would be needed else face a fall back to sub-$53,000…   After a mixed day for Bitcoin and the broader market on Tuesday, it’s been a broadly bearish mo...

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 13th, 2021

13 Oct 2021 3 minute read 0 comments FX Empire

After a bearish Tuesday, failure to revisit Tuesday’s highs would leave the majors under pressure.       Ethereum Ethereum fell by 1.46% on Tuesday. Partially reversing a 3.74% gain from Monday, Ethereum ended the day at $3,490.61. A mix...

Ethereum Elliott Wave Analysis – Eyes Higher

13 Oct 2021 1 minute read 0 comments FX Empire

ETHUSD intraday still looks corrective within wave 4, so we may see another jump for the 5th wave.     Talking about Crypto market generally, ZILUSD is one of examples of what to expect in the Crypto market. As you can see, ZILUSD can be still...

Bitcoin Strong Odds In Play Amid Overbought Signal

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.  ...

Best Stocks, Crypto, and ETFs to Watch This Week

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...

Mike Novogratz: ‘Bitcoin to Take More of Gold’s Market Cap’

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...

US-Listed Mining Firms Are Holding Over $1 Billion In Bitcoins

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...

What Factors Led to Bitcoin’s Recent Rally?

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...

Bitcoin Price Prediction – Bulls Continue to Eye a Return to $60,000…

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...

Bitcoin’s Rally to $90K has Begun

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...