The cryptocurrency market is seeing significant regulatory and institutional developments that could shape the future of Bitcoin:
U.S. Establishes Strategic Bitcoin Reserve: The U.S. government has announced the creation of a Strategic Bitcoin Reserve, a move aimed at positioning Bitcoin as a hedge against fiat currency risks and enhancing national financial...
Technical Analysis: A Broader Perspective
Crude oil has been trading in a multi-year consolidation range, with prices repeatedly testing both the upper and lower boundaries.
Support Levels:
Oil is currently trading around $66-$65, which has acted as a key support zone over the past few years.
Historically, crude has bounced from this area, making it a significant...
Costco Wholesale Corporation (COST) is testing its 200-day moving average, an area that historically acts as key support. While this is not yet an official swing trade, the technical setup is worth watching. The stock has been in a strong uptrend for months, but recent weakness has brought it back to a crucial level where buyers may step in.
Technical Analysis:...
