Ready to Get Started?
Start here. Join over 12M Libertex users around the world!
BTC stalls ahead of 80k again and slips below 78k once more
Yesterday Bitcoin tried again to make a move on 80k, but as before the move stalled ahead of that level, with BTC peaking around 79,750. Following yet another failure, earlier today it fell back below the 78k handle once more. The range seen so far today has been covered by 77,758 and 78,523, which is pretty tight by recent standards, but of course the day is yet young.
The lines of immediate demarcation could rest either since of 77,600 and 79,750, with a break either side throwing up some kind of extension. The lack of traction this morning is a little surprising though, given what surrounds BTC right now. That said, it is off the lows as we write, currently trading around 78,200
Market News
All News-
Dow Jones sure kicks off on the front foot this afternoon
We shall come back later perhaps with the precise opening for the Dow Jones this afternoon, but suffice to say it was markedly higher and effectively...
-
A bull trap?- USD/JPY does a Volte Face
Since the initial reaction higher in the USD/JPY which saw it jump immediately above 154.40, the dollar has since fallen back below the earlier lows...
-
A very lively two-way reaction to the US CPI data- check out the S+P 500 futures now
The immediate reaction to the US CPI report was rapid and dramatic across a number of markets. We already covered the USD/JPY and Gold and now we look...