October 28, 2024 - Page 7 of 7 - Fast Crypto Trade

Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?

October 28, 2024 boss

Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $68,750 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price found support…

Economist Explains Bitcoin’s Untapped Potential for Central Bank Reserves

October 28, 2024 boss

An economist has argued that bitcoin is a reserve asset similar to gold, noting that some central banks might consider adding it to their reserves. Economist Makes Bold Case: Bitcoin Could Protect Central Banks Like Gold The Bitcoin Policy Institute (BPI), a non-profit think tank, published a paper last week by economist Matthew Ferranti titled […] Original

Standard Chartered: Bitcoin Set to Hit $73K on US Election Day

October 28, 2024 boss

Standard Chartered forecasts bitcoin reaching $73,000 on Nov. 5, U.S. Election Day, with a potential year-end high of $125,000 if Republicans sweep Congress. Standard Chartered’s Election Day Forecast: BTC Set to Reach $73K Standard Chartered’s Global Head of Digital Assets Research, Geoff Kendrick, published a report last week outlining projected bitcoin price movements based on […] Original

Morgan Stanley Warns High-Stakes 2024 Election Could Unleash Major Market Shifts

October 28, 2024

Morgan Stanley analysts caution that the 2024 U.S. presidential election could unleash severe market volatility, driven by prolonged ballot counting, economic uncertainty, and unpredictable voter sentiment. Election Delays and Surprises: Morgan Stanley Predicts Shifts in Market Paths Morgan Stanley analysts Monica Guerra and Daniel Kohen examined the potential market impacts of the 2024 U.S. presidential […] Source CryptoX Portal

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