
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
On Thursday, you'd see the following Bloomberg headline.
What would your reaction be? "I want to trade crypto", most probably. Well, you are welcome to trade it - FBS Trader gives you that opportunity.
But would you buy or sell? Impressed by the mentioned rise and the bullish euphoria, you'd probably go bullish as well. Next day, you'd see the below headline.
In other words, the market excitement is gone, and bears got their part.
What does that mean? Only that you should keep analyzing the market - even when powerful news is all around. The volatility is here, the market activity is here - and even much more than before. That's what should be your stimulus to get into the market: increased activity. But the exact trade tactics should be the result of your careful consideration and analysis - as usual. Therefore, any hype serves you just to put your attention to something - but you should not take it as a reliable indication on an exact position direction or a trade tactic. Hear the crowd - check it out. Think. Open position.
Anyway, there are a lot of stong moves - a lot to do, a lot to earn, a lot to analyze. Bitcoin is very volatile, as you can see on the chart below, so there is potentially plenty of room for trade maneuvers - and for possible gains.
P. S. It's above $36,000 again! Turbulence, turbulence...
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
Happy Monday, fellow traders! We are pleased to be back and share everything you need about the upcoming week!
The US Consumer sentiment will shake the market today. We are back with more news for you to enjoy!
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
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