KonstantinAnissimov

KonstantinAnissimov

The end of the year is approaching, and the crypto price surge is still going strong. Bitcoin and Ethereum have managed to hold on rather well after reaching their yearly highs recently, not allowing the resistances standing above to push them down too hard. Bitcoin in the second half of December Bitcoin has attracted a lot of attention in the past 10 days or...

KonstantinAnissimov

GBP/USD The key event of the 7th December week for GBP/USD was Brexit trade deal talks between British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen during dinner in Brussels on Wednesday, 9th December. The official statement of both sides remaining ‘far apart’ after the end of the dinner increased selling pressure behind...

KonstantinAnissimov

GBP/USD GBP/USD opened at the pre-market of 23rd November at 1.3289; in Monday’s session the pair was rising strongly in the first part of the day and reached the day’s peak at 1.3398 between 13:00 and 13:15 UTC, being backed by positive U.K. preliminary November PMI figures. The manufacturing PMI was at 55.2 against the 50.2 market forecast, the services PMI was...

KonstantinAnissimov

GBP/USD Having opened the week of 9th November at 1.3157, GBP/USD traveled to 1.3208 on Monday but closed the day only an inch above the open at 1.3163. A steep upside price action followed on Tuesday supported by amendments made to the infamous Internal Market Bill overriding provisions of the Withdrawal Agreement signed by Boris Johnson on January 2020 and...

KonstantinAnissimov

Bitcoin Shrugs Off the FUD and Rises to New Yearly Highs The first week of November took many cryptocurrency enthusiasts by surprise. As fears grew over the U.S. presidential elections, investors were uncertain about how the results would impact the overall market structure. But BTC was able to shrug off all the fear, uncertainty, and doubt surrounding this event...

KonstantinAnissimov

Bitcoin Rises to a New Yearly High of $13,864 Volatility has struck back the cryptocurrency market a week ahead of the U.S. presidential election. While most altcoins went through a steep correction, Bitcoin rose to new yearly highs. Its uninterrupted upward price action turned heads as the narrative about BTC’s ability to act as a hedging asset during times of...

KonstantinAnissimov

Bitcoin Rules the Day On Wednesday, 21st October, Bitcoin broke above the local $12,400 resistance level and shot above $12,900 during the day. The pair began the day at $11,918 and instantly began trending upwards without significant corrective moves. The whole day was like almost constant unobstructed rising for Bitcoin as of 17:30 UTC. After 17:30 UTC the...

KonstantinAnissimov

Bitcoin Remains Dormant While Traders Wait for Volatility The pioneer cryptocurrency remained stagnant during the third week of October. It kicked off on Monday, October 12th, trading at $11,374, and closed Friday, October 16th, at $11,372. The bulls nor the bears could control BTC's price action, showing indecision among market participants. Due to the dormant...

KonstantinAnissimov

Bitcoin Takes a Day Off in Volatility On Wednesday, 14th October, BTC /USD was trading in the price range between $11,430 and $11,568. Starting at 11,436, BTC /USD advanced slightly to $11,500. Then the pair was trading mostly sideways until 13:00 UTC , when a moderate spike to the day’s high at $11,568 followed. However, the gains were very short-lived and...

KonstantinAnissimov

Bitcoin continues consolidating without providing a clear path for where it is headed next. But as the range in which BTC is trading gets narrower over time, the odds for an explosive price movement are increasing exponentially. BTC whales are selling Fear, uncertainty, and doubt have struck the cryptocurrency market once again. On October 1st, the CFTC charged...

KonstantinAnissimov

Bitcoin Investors Gain 18% Returns in Q3 Like most assets in different global financial markets, the flagship cryptocurrency continues rising against the uncertainty generated by the ongoing pandemic and the upcoming U.S. presidential elections. Bitcoin provided investors the opportunity to grasp a Q3 return of more than 18% even with the substantial losses that...

KonstantinAnissimov

GBP/USD Last week, 28th September – 4th October, cable was on a tear, being supported by good GDP stats released on Wednesday. However, the upside price action remained under pressure from the lack of a breakthrough in Brexit trade deals talks between the EU and the UK. With the end of talks on 16th October, the negotiators have two weeks to reach a...

KonstantinAnissimov

BTC/USD The BTC/USD trading pair opened at $10,686 on Tuesday, 29th September, slightly below Monday’s open. The pair began the day on an upside course and continued that way later in the day, moving in waves. This local uptrend was observed until 15:00 UTC when a new hourly candlestick took the pair lower to the day’s open in a moment. The following slight...

KonstantinAnissimov

● Approximately seven new BTC whales have joined the network in the past two weeks. ● The spike in buying pressure may soon be reflected in prices as Bitcoin holds above the critical support level. ● If so, the next areas of resistance to watch are the $11,200 and $12,000. Bitcoin (BTC) continues consolidating within a narrow trading range without providing a...

KonstantinAnissimov

Bitcoin Closes the Week at a Loss of 2.13% The beginning of the week was quite rough for the flagship cryptocurrency. Prices dropped by more than 7% during the first half of Monday’s trading session, September 21st. Bitcoin opened this day at a high of $10,965.70 and dropped all the way down to $10,180 by 16:00 UTC. Such price level represented a significant...

KonstantinAnissimov

GBP/USD The week ending 27th September opened for GBP/USD at 1.2913. Until Wednesday, 23rd September, the price was in a steady correction, but having reached the 1.2689 daily support level, the pair consolidated above the support level. There have been two more attempts at driving the price below 1.2689 in the week’s two subsequent trading sessions, but both...

KonstantinAnissimov

Bitcoin Breaks Out Providing a Weekly Return of Nearly 6% Bitcoin has enjoyed an eventful price action throughout September thus far, which has provided investors with a wide range of opportunities to profit. During the first week of the month, the flagship cryptocurrency took a 19% nosedive that saw it plummet from a high of $12,086 to a low of $9,813. The...

KonstantinAnissimov

Bitcoin Slices Through $11,000 For the First Time in September After breaking out of an ascending triangle on September 14th, Bitcoin continues trending upwards. Its price appears to be marching towards the $11,300 target presented by this technical formation. Although multiple bearish signs have been popping up during the recent upswing, the buying pressure...