News - BinaryOptions.net - Page 49

Hash Rate And Dominance Are Why Bitcoin Prices Are About To Explode

Aug. 09, 2019

Bitcoin, It’s About To Have A Major Rally Cryptocurrency market has been languishing over the last two months. The rally driven by Litecoin’s halvening petered out in mid-June and just never got is impetus back. That is, for most cryptocurrencies except Bitcoin. While Litecoin, Ethereum, and Ripple have been testing for support and bobbing along […]

Reversal In The Dollar And How You Can Profit

Aug. 05, 2019

The Trade War Escalates Over the course of the last week the dollar has shot to a new high, hit resistance, and fallen back to support. The move was driven by data, shifting FOMC policy outlook, the FOMC statement, and now, escalating trade war conditions. What we have for certain is a dollar with increasing […]

The Bitcoin Bull Market Bounce Back

Aug. 02, 2019

The Bitcoin Bull – It’s Ba-aaaack… The Bitcoin bull market of 2019 has been sleeping. The mighty beast set a high earlier this year and the effort wore it out. The high is just shy of $14,000, the move more than six months in the making, so it is no wonder the market needed to […]

This Is Why You Shouldn’t Be Bearish On The Dollar

Jul. 29, 2019

The FOMC Is Set To Cut Rates The FOMC is set to cut rates this week but traders should not expect the dollar to fall. While rate cuts are typically a currency-weakening event this cut is compounded by misplaced expectations and offset by dovishness from other central banks. The risk for traders is two-fold. First, […]

Cryptocurrency Market Forecast, Consolidation Coming To An End

Jul. 26, 2019

Bitcoin Bottoming Action Points To Big Gains Ahead The cryptocurrency market correction is a month old now and beginning to look like upward pressure is coming back. The correction wiped 25% off the value of BTC/USD which isn’t much, not in relation to past corrections. The good news is that bottoming is becoming evident within […]

Monthly Forex Market Forecast; Dollar, Euro, Pound, Yen

Jul. 22, 2019

The FOMC Is On Tap The FOMC is going to be a mega-market mover next week when it decides to cut rates, or not. The market has a lot of expectations built into the meeting and one of them is aggressive rate cuts, as many as three by the end of the year. In my […]

Ethereum Price Correction; This Is How To Profit

Jul. 19, 2019

Ethereum Upgrade May Not Be Forthcoming The entire cryptocurrency market entered a correction in tandem with Washington’s probe of Facebook’s Libra plans. While Libra is not that important in the grand scheme of things it is a catalyst for selling the market has acted on. No where is this correction more evident than with Ethereum, […]

A Big Week For The Dollar, This Is How To Profit

Jul. 15, 2019

This Is A Big Week For Dollar Traders, Be Ware! This is going to be a big week for the dollar. The market is expecting an FOMC rate cut in two weeks, this week’s news could reinforce or alter that perception. The Fed Chief Jerome Powell opened the door to a rate cut at his […]

This Bitcoin Consolidation Is A Signal For Big Profit

Jul. 12, 2019

Bitcoin Price Action Is Bullish The Bitcoin price action of late is bullish. The world’s reserve cryptocurrency has been consolidating near recent highs after break a significant resistance level. The move bears the hallmarks of a triangle/flag-pattern but one of great magnitude. The consolidation has already been underway for three weeks and may go on […]

The Dollar Moves Higher, But …

Jul. 08, 2019

Rate Cut Hopes Fade The Dollar Index is moving higher as hopes for a Fed rate cut fade. The reason is simple, the NFP report was much stronger than expected and suggest the US economy hasn’t weakened too much. Global activity is slowing, US activity has too, the catch is that market expectation got ahead […]