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01/09/20 22:00 by Tony Spilotro
Bitcoin, Metals, And Equities “Will Fly” If Dollar Downtend Deepens
The dollar’s impact on markets in 2020 cannot be overstated. Its weakness and decline in the face of the pandemic and a dwindling US economy, has allowed assets like Bitcoin, precious metals, an... Read More
10/06/20 18:00 by Tony Spilotro
Bitcoin Following Scarily Similar S&P 500 Fractal Would Set New All-Time High By Late 2020
A shockingly similar fractal from the S&P 500 during the 2008 recession Bitcoin was born from is playing out across the cryptocurrency’s price chart.
If the first-ever crypto asset continues... Read More
09/06/20 21:08 by John Kiguru
Time’s Running Out For Bears, Analyst Says Full-Blown Bitcoin Bull Trend Coming
Some Bitcoin bulls have in recent weeks questioned the possibility of Bitcoin rallying to record highs. This is especially as it continues to fail to break above key resistance. But one analyst says ... Read More
09/05/20 12:00 by Nick Chong
Bitcoin May Have Rallied 170% But Data Shows a “FOMO” Surge Is Possible
Bitcoin has made immense progress since the lows seen in March.
As the chart below depicts, from the lows of $3,700, the cryptocurrency has gained in excess of 150%. This rally comes in spite of the g... Read More
17/04/20 18:00 by Tony Spilotro
Gold Indicator Flips Green, Signaling Potential Decade of Uptrend
Gold, the original store of wealth and safe-haven asset, recently set a new seven-year high as the recession ramps up. But as the high was tapped, profit-taking began and a pullback ensued.
However, o... Read More
14/04/20 19:30 by Tony Spilotro
Gold Taps New High, Indicators Show Rally Has More Fuel in the Tank
Gold‘s growth continues to sustain, reaching new highs this week not traded since the last economic recession.
The rally also is showing very few signs it will slow down any time soon, and one p... Read More
13/04/20 18:00 by Tony Spilotro
Why UBS Analysts Expect a Strong Gold Reversal Despite Recent 7% Upsurge
Gold prices continue to soar as expectations of the worst recession the world has ever seen grow by the day due to the last impact the coronavirus will have on the economy.
However, UBS analysts are e... Read More
10/04/20 19:30 by Tony Spilotro
Gold Records Strongest Weekly Close Since Recession Recovery in 2013
The original ultra-scarce asset used for trade, as a currency, and a recession-proof store of wealth – gold – just had its strongest daily and weekly close since 2013.
The precious metal rose shar... Read More
02/04/20 18:00 by Tony Spilotro
Surging Demand and Seized Supply Spark Rapid Growth in Tether’s Digital Gold
As fears over the coming economic recession continue to mount, demand for gold continues to surge. And as mining operations have frozen due to the coronavirus outbreak, there’s a recipe for dwindlin... Read More
30/03/20 21:00 by Tony Spilotro
How the Dow’s Fractal of Doom Could Take Bitcoin to $1,000
Throughout 2020 thus far, Bitcoin has been showing a tight correlation with major stock indexes like the Dow Jones and the S&P 500.
If this continues, and a “fractal of doom” plays out on the ... Read More
30/03/20 15:37 by John Kiguru
Bullish Momentum: Bitcoin Set For Bounce Above $6.5K With Investors Still Eyeing $7K
Last week a 10% Bitcoin wipe out saw the digital asset revisit its $6K support. The drop was alarming and many investors feared it would lead Bitcoin to its year lows of $5K. Fortunately, as this sup... Read More
11/03/20 22:07 by Brenda Ngari
Analyst Says Bitcoin Could Soon Drop To $6,400 As WHO Declares Coronavirus A Global Pandemic
Coronavirus has its claws deep in the markets as it continues spreading far and wide. The number of infected countries has grown insanely, prompting the World Health Organization to finally declare t... Read More