Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Bitcoin rejects 95k again
Yesterday the noted relapse in Bitcoin did see it fall below 92k, but it did not threaten the 100 day moving average. As mentioned, the low seen was set at 91,698 and it rebounded for the rest of the European and US sessions. Earlier today BTC extended that move and rose above 94k once more. However, the high seen once again stalled ahead of 95k, as indeed it had on Wednesday. BTC stalled earlier at 94,470 and since then it has fallen back to 92,891. Meantime, that 100 day moving average is in place right now at 90,837. The 200 day, in place below that is at 88,832. So, as you can see, neither is under threat right now. The failure to reclaim levels above 95k is a concern though. Bitcoin is right now at 93,315
Market News
All News-
Dollar continues to weaken leading into the 4pm London Fix- EUR/USD straddles 1.1150
The dollar has continue to weaken this afternoon. The GBP/USD is still battling to overcome 1.3250 and the USD/JPY has so far rejected any lasting... -
US stocks mixed in early trading- Dow Jones still in the red
The US stock markets have been open for around 20 minutes now and so far it has been an early session of mixed fortunes. The Dow Jones is still in the... -
GBP/USD making some progress now towards 1.3250
Following on from the previous update looking at the price action in the EUR/USD we see the GBP/USD has charted a slightly steadier route higher...
