The Capital
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The Capital

Bitcoin Will Flush Speculators at Low Prices as Markets Correct

Bitcoin short-squeezed and set a higher high while US Treasury bonds signal underlying weakness. What’s next?

Image by Ivana Divišová from Pixabay
Stop loss levels that fueled the short squeeze, Source: Alpha Trades
Five-minute timeframe mapped a price channel, Source: Alpha Trades

Where I think Bitcoin is headed

Be careful trading oil — it doesn’t work the way you think.

We aren’t out of the woods yet.

This is critical: 10-year US Treasury bonds are trending lower.

10-Year Treasury Bonds compared to S&P 500, Source: Alpha Trades

A quick weekly forex trade round-up:

Disclaimer

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