Bitcoin surged nearly 5% to recover $69,000 on March 2nd, but market experts attribute the rally to short squeeze liquidations rather than fresh buying, warning that without sustained spot demand the rebound could quickly lose momentum as Bitcoin remains below the $75,000 resistance level.
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Bitcoin Surges 5% in 'Short Squeeze' Rather Than Fresh Buying
Bitcoin surged nearly 5% to recover $69,000 on March 2nd, but market experts attribute the rally to short squeeze liquidations rather than fresh buying, warning that without sustained spot demand the rebound could quickly lose momentum as Bitcoin remains below the $75,000 resistance level.
Dollar-Yen Surpasses 156 Yen—Further Upside Potential Seen (Update)
The dollar-yen surged past 156 yen after Japanese Prime Minister Sanae Takaichi signaled reluctance toward further BOJ rate hikes, fueling expectations of continued upward momentum.
The dollar-won exchange rate is poised to test the 1,500-won resistance level, with technical indicators and persistent buying suggesting further upside, while the RSI shows the market is not yet overbought.
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Dollar-Won Faces Inevitable Resistance at 1,500—'Not Yet Overbought'
The dollar-won exchange rate is poised to test the 1,500-won resistance level, with technical indicators and persistent buying suggesting further upside, while the RSI shows the market is not yet overbought.
The dollar-won exchange rate traded in the high 1,440s during the New York session, with gains capped by foreign investor inflows and caution at the 1,450 won resistance level, as markets await key US employment data.
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Dollar-Won Trades in High 1,440s in New York Session
The dollar-won exchange rate traded in the high 1,440s during the New York session, with gains capped by foreign investor inflows and caution at the 1,450 won resistance level, as markets await key US employment data.
MicroStrategy Chairman Hints at Further Bitcoin Purchases – 'Green Dots Beget Orange Dots'
MicroStrategy Chairman Michael Saylor signaled potential new Bitcoin purchases, fueling speculation about the company's evolving crypto strategy as Bitcoin faces resistance near $90,000.
The dollar-won exchange rate broke above the 1,400-won level for the first time since August, with market participants now eyeing 1,420 won as the next key resistance amid global dollar strength and ongoing Korea-US investment uncertainties.
#YonhapInfomax #DollarWon #ExchangeRate #KoreaInvestmentSecurities #ResistanceLevel #USDollarStrength #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=83411
Seoul FX Market - Dollar-Won Breaks Out of 1,400 Range—Key Resistance Now at 1,420
The dollar-won exchange rate broke above the 1,400-won level for the first time since August, with market participants now eyeing 1,420 won as the next key resistance amid global dollar strength and ongoing Korea-US investment uncertainties.
Bitcoin surged above $106,000 for a third straight day, defying US political unrest and macroeconomic uncertainty, as investors increasingly view the cryptocurrency as a resilient asset and eye a potential test of the $107,000 resistance level.
#YonhapInfomax #Bitcoin #USPoliticalTension #CoinDeskUS #NationalGuard #ResistanceLevel #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=66639
Bitcoin Attempts to Break Above $107,000 Despite US Political Turmoil
Bitcoin surged above $106,000 for a third straight day, defying US political unrest and macroeconomic uncertainty, as investors increasingly view the cryptocurrency as a resilient asset and eye a potential test of the $107,000 resistance level.
CBOE Global Markets Expected to Break Through Key Resistance Level in Technical Analysis
CBOE Global Markets shows resilience amid market adjustments, poised to break key resistance levels with potential for further upside, according to technical analysis by U.S. market expert.
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