The Financial Markets
22/07/2020
Hello Fam, how have y'all been? 😍
We've been doing awesome, excited about trading the Financial Markets, studying the trends amongst others things . it's been amazing so far. 😁
Based experience we will be posting not just about the crypto currencies but all round information, education, speculations, tips, nuggets and all that concerns the Financial Markets generally to ease trading, enable and encourage young traders and aspirants.
¦ Nuggets of the Day ¦ 😉
▪The road to financial freedom starts with getting more the one income stream 😎
▪Every successful trading/investing requires time, discipline and patience. No matter how great the talent or effort, some things just take time.⌚
15/06/2020
Still on the trends of the Bitcoin Index!
Bitcoin hits its lowest levels in almost 3 weeks.
In the early hours of today 15th of June 2020, Bitcoin (BTC) dropped to 9,000usd as a new week produced fresh selling pressure across macro assets.
The BTC/USD pair hits the $8,000 range on Monday trading — for the first time since May 28.
The latest bearish move might usher a difficult week for Bitcoin whose markets almost regained $10,000 before shedding over $800 in a matter of hours on Thursday.
After spending the weekend at around $9,400, support gave way once more as the outlook for the week on stock markets looked bleak.
At press time, BTC/USD traded at around $9,000 amid an attempt to re-establish the level as support.
As reported, Bitcoin has become increasingly resilient to the impact from stocks gaining or losing dramatically, a process which has become known as “decoupling.”
Nonetheless, hints of correlation remain evident , though Bitcoin is now at its lowest in over two weeks. Last week came a warning that traditional markets were due for a crash-style correction within the next three weeks.
At the same time, it's speculated that $10,000 would continue to evade the market for the short term — and perhaps even longer.
What are your thoughts waking up to the bearish outbreak today? 🤔
BUY ▪️ HOLD ▪️ SELL
12/06/2020
After yesterday's massive downturn, hit $9200 making a minus 500 against the dollar.
Today the Index has got its investors on a habitual lookout as the pressure rises and falls with the trends from $9400 to $9480. It is speculated that with such dips comes corresponding spikes as the bulls won't rest without a fight.
This movement has recorded an increase the index so far by 1.15% and over 100usd.
However the trends seem to be building up a consolidation around $9400 a 100 different from its previous consolidation level.
We keep monitoring the trends as we believe that it's about to get interesting in the Bitcoin Universe.😀
The question still remains;
Is Bitcoin the Future? 🤔
We'll see😀
Stick around for insightful comments, predictions and analysis in the Financial Markets 😎
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