Why The $65,000 Region Is Important As Bitcoin Gears Up To Face Massive Resis...
Bitcoin’s latest push has run into a difficult stretch, with the price falling back under the $80,000 mark in the past 24 hours. This context gives more weight to a new quarterly chart analysis that places the most important levels much lower than the current price. According to the analyst, Bitcoin may continue to move sideways within the present quarter, but the structure of the quarterly candle makes the $65,000 region a major area to watch if the current resistance continues to hold. The Resistance Zone That Could Define This Quarter Technical analysis of Bitcoin price action on the....
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Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next few months. Just recently PWC’s real estate practice published a report called “The 2021 Emerging Trends,” which shows city ranks have changed a great deal since the coronavirus outbreak. For instance, for a number of years, the city of Seattle was a top ten city for real-estate....
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Ethereum has seen some brutal price action throughout the past few days and weeks, with the selling pressure seen in the $1,300 region proving to be quite intense It is important to note that Bitcoin has been creating massive headwinds for Ethereum as of late, with buyers being unable to guard against an intense decline One trader is now noting that where the market trends next will likely depend on whether bulls can defend $1,000 […]