Crypto assets

Momentum may have turned higher for bitcoin this week, yet it lacks the trading volumes usually associated with a strong rally.

A breakout from Bitcoin’s recent $61K-$73K range is inevitable – see the key levels to watch from here below!

Bitcoin trades less than a day's range away from its all-time high. But whilst a break higher could be on the cards, we're wary that it could be a 'last hurrah' before its move to $60k.

Bitcoin saw the anticipated bounce above $60k on Wednesday, and there may still be some juice in the bullish tank for another crack at $70k - even if my bias for the weekly chart remains bearish further out.

Bitcoin has once again broken above $70k before a sharp reversal. The question is whether it will result in a eye-watering bear market like it has in the past.

Some analysts are speculating that the market is “sniffing out” the fact that the US and other developed countries will be unable to maintain high interest rates for long given their record debt loads. See what it might mean for Gold and Bitcoin!

Bitcoin is the kind of market that can make a mockery of traditional technical analysis terms such as ‘overbought’ and ‘oversold’. But with it fast approaching its record high, how much fuel is left in this rally’s tank?

The Circle IPO is anticipated post-SEC review, conditional on market and other factors, potentially as soon as the first half of 2024.