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934 days ago

Bitcoin readying a bullish 'Golden cross' pattern

The most widely-watched moving average crossover signal in technical analysis. It shows the short term trend (50 DMA) leading the longer term trend (200 DMA) higher and back into an uptrend.

#Technical Analysis
Bitcoin readying a bullish 'Golden cross' pattern

937 days ago

Just a blip? BTC & ETH still in a bull market

Uptrends appear to be intact after crypto sell off.

Just a blip? BTC & ETH still in a bull market

938 days ago

Solana relative strength vs. Bitcoin

SOL pops while BTC drops - the 'relative strength' implies more upside to come in Solana.

Solana relative strength vs. Bitcoin

939 days ago

Bitcoin suffers losses as a result of El Salvador's Failed Launch

In London, the virtual coin was trading for around $46,300, having fallen as much as 17% the day before recovering some of its losses. The downdraft affected Ether, Dogecoin, and the Bloomberg Galaxy Crypto Index, among other tokens. President Nayib Bukele announced on Twitter that the country now has 550 Bitcoins after purchasing them at a lower price. The selloff on Tuesday is the most dramatic pause in a rally that has raised Bitcoin about 75% since late July. According to cryptocurrency tracker CoinGecko, the overall market value of cryptocurrencies has dropped by nearly $300 billion in the last 24 hours. @Bloomberg 

939 days ago

El Salvador's bond markets see a sell-off as yields spring

El Salvador’s entire yield curve has now inverted, meaning bonds with near-term maturities are yielding more than debt that’s due further out. That’s generally considered a bad sign as it means investors see shorter-term debt as riskier, and most yield curves will slope upwards given the inherent uncertainty of pricing things over the longer-term. The move towards inversion appears to have begun in June, when the law to adopt Bitcoin was passed. @Bloomberg

#Bonds
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