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Pairs in Focus – BTC/USD, NASDAQ 100, USD/MXN, DAX, USD/CAD, EUR/USD, Silver, Gold

From dailyforex.com

One of the more interesting charts this week is Bitcoin, mainly because despite the fact that there is so much in the way of hesitation and concern around the world when it comes to taking on risk, Bitcoin has refused to fall apart throughout the bulk of this. Furthermore, it is worth noting that the ETFs that are based on Wall Street are seeing inflows despite the fact that most people are nervous. With this being said, I think it shows a certain amount of resiliency in the Bitcoin market that should not be ignored. This market will eventually have to make a longer-term decision and from everything that I am seeing ... (full story)

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  • Category: Technical Analysis