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Live Bitcoin (BTCUSD) Trading & Technical Analysis – My Cryptocurrency Trading Strategy
Welcome to my live trading session of Bitcoin (BTCUSD). I trade Crypto, Gold and Forex here, and alongside that, I engage in light discussions on various aspects of trading, from risk management to mindset and strategy, that are of great value to everyone, especially new traders. The highest level of BTCUSD market on Thursday was 102790 and the lowest was 95500 with a bearish candle. In last week, we have…
Stock market today: Trade setup for Nifty 50 to global markets; 5 stocks to buy or sell on Friday
Stock Market Today: Markets were plundered on Thursday following negative global cues. The benchmark Nifty 50 Index declined 1.02% and ended at 23,951.70 as it slipped below the psychological 24000 mark led by broad-based selling after the US Fed’s hawkish stance raised concerns over rate cuts next year. The S&P BSE Sensex also ended 1.20% lower at 79,218.05Stock market today: Trade setup for Nifty 50 to global markets; 5 stocks…
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Impact on Financial Markets: Cryptocurrencies: Bitcoin’s anticipated year-end rally has been dampened by the Fed’s hawkish tone. Historically, Bitcoin has experienced gains during the Christmas period; however, recent Fed communications have introduced uncertainty, leading to a decline in its value. Forex Markets: The U.S. dollar has strengthened, reaching its highest level in over two years. This appreciation has adversely affected both emerging and developed market currencies. For instance, the Australian…
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