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Bitcoin rally to persist?
Bitcoin’s price rallied dramatically last week as it reversed its retreat! The price is above $28,000 currently. Bitcoin breached above the Fibonacci 100 and then went up to breach above Fibonacci 161.8 resistance! The RSI entered the overbought zone...
Weekly Economic Outlook, 20-24 March
Recent fears will affect the policymakers' decisions, but they can not end the hawkish cycle at this level. While financial markets are worried about the spread of bankruptcies to more banks, FOMC, SNB, PBoC, and BoE will have monetary policy meeting...
Crypto Safe-haven role and a new scandal
In recent days cryptocurrencies have been taking advantage of uncertainty in other markets. Many people started to talk about the safe-haven opportunity that Bitcoin and many other altcoins could give us. However, the whispers about iEarnBot challeng...
The New Economic Outlook with More Uncertainties
Recently seen banking crises, increased market uncertainties, and changed the analysts' market outlook. Some analysts now believe that central banks will not need to try to cool down the economy, and it has enough reason to slow down, especially with...
China's lukewarm recovery could not help WTI
China retail sales raised 3.5% annually in January and February, while fixed asset investment growth ticked up to 5.5% to avoid the risks of the real estate sector with the bottoming-out signal. However, slower industrial production growth with a 2.4...