Why is the Turkish lira crawling?
The beginning of the month was quite eventful for the Turkish lira. However, this week it started to lose its volatility. What is happening?
Bitcoin (BTC/USD) looks to test the $5300 level
Bitcoin has been in a recovery mode since September 5th due to the declines suffered in September 2nd and now is hovering around the 4611 area. According to our Fibonacci outlook, BTC/USD has made a rebound above a key demand zone established between the 4286 and 4080 levels and it should be giving the enough momentum to break all-time highs and the next target placed around 5300 should be reached.
RSI indicator is still in the positive territory, favoring to the short-term bulls that are trying to dominate the pair across the markets.
Felipe Erazo
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