Tuesday’s bearish outside day makes today’s close pivotal. Fed officials pushed back on aggressive rate cut calls, pushing the USD higher. An above-forecast US durable goods data could yield a bearish daily close.
Having reversed from the 50-day SMA, mainly because of renewed Brexit fears and sluggish data from the UK’s CB retail sales survey, the GBP/USD pair trades modestly flat near 1.2685 ahead of the London open.
Bitcoin price has risen from 10951.00 to its current price at around 12332.00 price target in two consecutive trading days as per my previous estimate. The next two goals are at approximately 12608.00 and 12800.00. Bitcoin price could pullback to 12081.00 if it fails to hold above 12332.00
Jeremy Allaire, CEO of Circle, stated that the crypto market bottomed in December 2018. During this time, multiple investors started rebuilding their position before the next bull run. He also stated the differences between different digital assets.
Harry Pierson, a veteran software engineer who has worked for 20 years at Microsoft, announced that he is joining NEO. During his time at Microsoft, Pierson has worked as a senior project manager on the IronPython team and the xlang project