Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Thursday, 9 April 06:37 (GMT -05:00)



Foreign exchange market

Bitcoin Will Crash To $3000 Per Coin


In his latest YouTube video, a popular cryptocurrency expert named Alessio Rastani told his subscribers about the possibility of Bitcoin crashing all the way down to 3000 dollars per coin. So, is the BTC exchange rate really going to go that low in the near future? The expert started his review from evaluating the stock market sentiment cycle, which is a really significant part of market analysis. So, he did just that.
 

The speed of the cryptocurrency market decline

 

In particular, the experts is sure that international investors have already reached their highest level of optimism towards Bitcoin, when the coin cost almost 14000 dollars. This confirmed the so-called euphoria stage, which basically means that the market has entered the most risky stage in the entire cycle. Shortly after that the market started panicking when the price when all the way down to 11000 dollars per coin in no time. Then it dropped down to 10000 dollars per coin and continued its way down below this threshold.
 
The expert says that anyone who dares bet in the opposite direction, i.e. against the popular expectations, is likely to be mocked at. However, judging by the recent BTC decline, he keeps on underlying the fact that the market has already gone through the fear, panic, and depression. The next stage is capitulation. And it seems to be round the corner.
 
He is almost sure that the media will soon start talking about Bitcoin like there is no tomorrow for the coin. The doomsday headlines will get back.
 

When is the market going to recover?

 

Once again, the expert is sure that the market is doomed to go down in the near future. When all of the hopes are gone and the market has reached bottom, shortly after that, the market will start recovering. This may happen in the near future. With tat being said, the 5000-5433 range is really significant for the coin. The chance of going below this range is around 30-35%. If that's the case, the chance of going further down below 3000 dollars per coin will increase dramatically.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Dollar Regains Strength, NordFX Reports

Right before the start of another trading, NordFX experts came up with another set of market predictions for the forex and cryptocurrency markets. Their predictions are based on the consensus forecast compiled from various market forecasts made by various market experts as well as the result of technical analysis. The period is March 30th - April 3rd. So, this is what those predictions look like:

Publication date: 01 April 02:15 PM

Binance and Cryptocurrency Exchange

These days, Binance is a a giant in the world of cryptocurrency exchange. It wont' be an exaggeration to say that this is a Microsoft or a Mercedes in the world of cryptocurrencies. This is a major brand and a symbol of security for those investing in Bitcoin and other digital currencies.

Publication date: 29 March 11:24 PM

Dollar Becomes Safe-Haven Asset Amid COVID-19 Pandemic

Publication date: 22 March 07:48 AM

Fed Cuts Interest Rates. What Does It Mean For Bitcoin?

Publication date: 17 March 12:14 AM

Fed Cuts Interest Rates Again Amid COVID-19 Pandemic

The U.S. Federal Reserve, which can be considered the world's most influencial central bank, has been really serious about the COVID-19 pandemic going on around the world. For the first time in the history of the Federal Reserve, the central bank has done it twice within a couple of weeks. This time, the key interest rate was cut by 100 basis points, which brought it very close to zero. To be more specific, during the recent urgent FOMC meeting that took place on Sunday, March 15th, the FOMC members almost unanimously decided to cut the interest rated from 1,00-1,25% all the way down to 0,00--,25%.

Publication date: 16 March 07:57 AM

Coronavirus's Impact On Markets Intensifies, NordFX

The period when the coronavirus makes everyone stay at home can be seen as a perfect time for traders and investors to do some extra trading and investing. To help both rookies and seasoned traders and investors to navigate the markets and see the current tendencies much clearer, NordFX has come up with yet another weekly set of forecasts:

Publication date: 15 March 12:17 PM

France Recognizes Bitcoin

Publication date: 06 March 10:14 AM

TOP 5 Bitcoin Investors

Cryptocurrencies have offered really stunning moneymaking opportunities to a big number of people out there. This is due to the fact that getting started with investing in cryptocurrencies is relatively easy and affordable to pretty much anyone. Making money with cryptocurrencies is possible, which is confirmed by the world's leading Bitcoin investors. So, in today's article we are going to talk about the top 5 Bitcoin investors.
Publication date: 05 March 10:33 AM

BoJ To StaBilize Markets. Any Consequences For BTC?

Publication date: 05 March 09:21 AM

Trading Approaches, As Seen By Professionals

Each and every trader out there should choose the right trading approach that will suit them best. Trading experts say that are 6 trading approaches:

Publication date: 22 February 12:39 PM