BblytheHoyle

BblytheHoyle Updated 

Bitcoin is trading at $107K with a market cap of $2.12 trillion and a 24-hour trading volume of $27.75 billion. The digital asset has been trading in an intraday range of $105,030 to $107,219, showing moderate volatility while showing signs of recovery on multiple timeframes. Bitcoin From the daily chart, Bitcoin has rebounded significantly from its recent low...

BblytheHoyle Updated 

If it is going to rise, you need to hold the low point of 3320, and then look for 3340, followed by 3350-3355 If it is going to fall, it needs to fall below 3320, and then look for 3310, followed by the 3300-3295 area. From the Asian session to the current European session, there is less than ten dollars of space, and it continues to trade sideways around 3330....

BblytheHoyle Updated 

1. In terms of geopolitics, Trump believes that both Iran and Israel have violated the ceasefire agreement, but he also said that neither Iran nor Israel will face consequences for violating the agreement. Iran said it is ready to have a dialogue at the negotiating table. 2. In terms of interest rate cuts, Trump continued to call on the Fed Chairman, saying that...

BblytheHoyle Updated 

First of all, I want to say that Bitcoin has regained its footing and is showing upward momentum! Bitcoin has rebounded strongly in the past. At the time of reporting, it was trading at $105,979. From a seven-day perspective, Bitcoin is also in positive territory, starting to rise as concerns about the oil price surge caused by the Israel-Iran conflict have...

BblytheHoyle Updated 

The correlation between WTI futures and the US dollar index has increased significantly in recent months, and crude oil has quietly become the main driver of US dollar sentiment again. With oil prices plummeting and Fed officials hinting at a possible rate cut in July, the US dollar may have the conditions to weaken further. As the US dollar index encounters...

BblytheHoyle Updated 

Recently, the gold market is mixed with long and short factors. Yesterday, Trump announced that Iran and Israel reached a comprehensive truce agreement, which led to a sharp drop in the market's risk aversion demand, and gold fell under pressure in the short term; but Reuters reported that Israel still had small-scale military operations, and the Houthi armed...