On Tuesday, the bitcoin price jumped by 20%, at some point breaking the threshold $5,000. The initial impulse was somewhat weakened, and retail investors and the media began to put forward their own hypotheses for such a sharp dynamic. In our opinion, in this situation, it is important that until now there is no sharp correction, and purchases continued on Wednesday morning. Moreover, the Altcoin’s market was inspired by this impulse and began to catch up the main cryptocurrency.
- GBPCHF reversed from resistance zone - Likely to fall to support level 1.1200 GBPCHF…
- USDJPY broke resistance level 158.00 - Likely to rise to resistance level 160.00 USDJPY…
Oil prices are rising due to stronger than expected economic data from the US, the…
The cryptocurrency market experienced a decline due to speculation of tighter monetary policy. Bitcoin and…
- USDCHF reversed from support zone - Likely to rise to support level 0.9130 USDCHF…
- EURUSD reversed up from resistance zone - Likely to fall to support level 1.0255…
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