Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Bitcoin extends weekend rebound
Last week Bitcoin rose to its highest level since December 2021, when it reached 52,845. That was last Thursday and since then it has dropped back after failing to hold a move to just above 52,500 on Friday. On Saturday Bitcoin did fall back below 51k (50,567 the low). It recovered on from there later that day and pushed just above 52k once more. The overall trend remains positive and the next technical level remains unchanged, at 56,364 (76.4% of the 68,991-15,485 fall). First support beyond 50k itself, also remains at 48,552. The price action in Asia today has seen BTC further extend the rebound back above 52k. It has risen to a session high at 52,465 a short while ago. The low seen earlier today was set at 51,850. It is trading right now at 52,360
Market News
All News-
DAX reclaims some lost ground, but how much further can it rebound?
Earlier this morning the DAX opened lower and crumbled to a new low on the week, at 22,469. The index had closed yesterday at 22,839 and reopened this... -
FTSE 100 under pressure as UK yields rise
If you look across the global bond markets right now you will see that yields are rising- ergo bonds are be being sold. That is very evident across... -
S+P 500 futures feeling the heat- rebound correction over?
The European stock market opening has seen markets reeling and of course this is all about the 25% Trump auto tariff and the impact that is having...
