Category: 7Month
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Bitcoin Price Breaks Out Of 7-Month Descending Broadening Wedge Pattern For Continuation Above $70,000
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This article is also available in Spanish. Recent market flows and dynamics Bitcoin price saw a breakout from the 7-month Expanding Descending Wedge pattern. According to cryptocurrency analyst, Geert van Lagen, last week’s Bitcoin breakout could signal the beginning of a key phase for prices to continue as the market…
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Bitcoin Breaking Out Of 7-Month Accumulation Channel: Expert Predicts Further Upside
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This article is also available in Spanish. Bitcoin is at a pivotal moment after it crossed the $68,000 level and set a new local high, confirming its uptrend. Analysts and investors are closely monitoring the next steps, looking for signs of a continued rally or a potential bounce from high…
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Bitcoin Breaking Out Of 7-Month Accumulation Channel: Expert Predicts Further Upside
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This article is also available in Spanish. Bitcoin is at a pivotal moment after it crossed the $68,000 level and set a new local high, confirming its uptrend. Analysts and investors are closely monitoring the next steps, looking for signs of a continued rally or a potential bounce from high…
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Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut By Reuters
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By Ankur Banerjee and Stefano Ribaudo (Reuters) – The dollar hovered near a seven-month low on Tuesday amid bets the U.S. central bank will start cutting interest rates next month, with traders bracing for comments from Federal Reserve Chairman Jerome Powell on Friday. The dollar’s weakness has lifted the euro…
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Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut By Reuters
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By Ankur Banerjee and Stefano Ribaudo (Reuters) – The dollar hovered near a seven-month low on Tuesday amid bets the U.S. central bank will start cutting interest rates next month, with traders bracing for comments from Federal Reserve Chairman Jerome Powell on Friday. The dollar’s weakness has lifted the euro…
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Dollar hits 7-month low, yen gains as traders wait on Jackson Hole By Reuters
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By Karen Brittl NEW YORK (Reuters) – The dollar fell to a seven-month low and the Japanese yen hit its highest in more than a week as traders awaited comments from Federal Reserve Chairman Jerome Powell this week that are likely to signal the U.S. central bank will start cutting…
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Yen rises to 7-month highs as US slowdown fears spill over By Reuters
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By Vidya Ranganathan SINGAPORE (Reuters) – The Japanese yen hit its highest level against the dollar since January on Monday as markets continued to move in a week that began after weak U.S. employment data stoked recession fears and expectations of deeper interest rate cuts by the Federal Reserve. Friday’s…