Market snapshot – bitcoin prices shoot through $5000 bitcoin community

Market snapshot – bitcoin prices shoot through $5000 bitcoin community

Bitcoin prices rush higher

The star of the day has been bitcoin as its prices have shot through the all time highs and also through the psychological mark of $5000 and now trade close to the $5200 region. We have been warning of this move for the past few days and had said that it is likely to be sooner rather than later. Now that the prices have pushed through towards $5200 and met with some resistance there, we expect a bit of consolidation which is unlikely to last long. The next target is likely to be $5500 and that is likely to witness some greater selling than the $5200 region. Dollar under pressure

The dollar has been under pressure over the last 24 hours as the FOMC minutes turned out to be more dovish than what was expected. The market was expecting the minutes to outline the time when the next rate hike could be expected but one of these details were there in the minutes.Bitcoin community

this turned out to be a disappointment for the bulls who have given up on the dollar for the short term and hence the dollar has been on the backfoot ever since the release of the news. We expect this choppy kind of trading on the back of the weakness in the dollar to continue for the short term as the market awaits further signals from the US.

This article was originally posted on FX empire more from FXEMPIRE:

• gold price prediction for october 13, 2017

• morning market update – USD/JPY

• strong eurozone production numbers fail to buoy stocks

• market snapshot – bitcoin prices shoot through $5000

• bitcoin prices push through $5000 and on to all time highs

• E-mini dow jones industrial average (YM) futures analysis – october 12, 2017 forecast

Bitcoin prices rush higher

The star of the day has been bitcoin as its prices have shot through the all time highs and also through the psychological mark of $5000 and now trade close to the $5200 region.Bitcoin community we have been warning of this move for the past few days and had said that it is likely to be sooner rather than later. Now that the prices have pushed through towards $5200 and met with some resistance there, we expect a bit of consolidation which is unlikely to last long. The next target is likely to be $5500 and that is likely to witness some greater selling than the $5200 region. Dollar under pressure

The dollar has been under pressure over the last 24 hours as the FOMC minutes turned out to be more dovish than what was expected. The market was expecting the minutes to outline the time when the next rate hike could be expected but one of these details were there in the minutes. This turned out to be a disappointment for the bulls who have given up on the dollar for the short term and hence the dollar has been on the backfoot ever since the release of the news.Bitcoin community we expect this choppy kind of trading on the back of the weakness in the dollar to continue for the short term as the market awaits further signals from the US.

This article was originally posted on FX empire more from FXEMPIRE:

• gold price prediction for october 13, 2017

• morning market update – USD/JPY

• strong eurozone production numbers fail to buoy stocks

• market snapshot – bitcoin prices shoot through $5000

• bitcoin prices push through $5000 and on to all time highs

• E-mini dow jones industrial average (YM) futures analysis – october 12, 2017 forecast

Bitcoin prices rush higher

The star of the day has been bitcoin as its prices have shot through the all time highs and also through the psychological mark of $5000 and now trade close to the $5200 region. We have been warning of this move for the past few days and had said that it is likely to be sooner rather than later.Bitcoin community now that the prices have pushed through towards $5200 and met with some resistance there, we expect a bit of consolidation which is unlikely to last long. The next target is likely to be $5500 and that is likely to witness some greater selling than the $5200 region. Dollar under pressure

The dollar has been under pressure over the last 24 hours as the FOMC minutes turned out to be more dovish than what was expected. The market was expecting the minutes to outline the time when the next rate hike could be expected but one of these details were there in the minutes. This turned out to be a disappointment for the bulls who have given up on the dollar for the short term and hence the dollar has been on the backfoot ever since the release of the news. We expect this choppy kind of trading on the back of the weakness in the dollar to continue for the short term as the market awaits further signals from the US.Bitcoin community

This article was originally posted on FX empire more from FXEMPIRE:

• gold price prediction for october 13, 2017

• morning market update – USD/JPY

• strong eurozone production numbers fail to buoy stocks

• market snapshot – bitcoin prices shoot through $5000

• bitcoin prices push through $5000 and on to all time highs

• E-mini dow jones industrial average (YM) futures analysis – october 12, 2017 forecast

Bitcoin prices rush higher

The star of the day has been bitcoin as its prices have shot through the all time highs and also through the psychological mark of $5000 and now trade close to the $5200 region. We have been warning of this move for the past few days and had said that it is likely to be sooner rather than later. Now that the prices have pushed through towards $5200 and met with some resistance there, we expect a bit of consolidation which is unlikely to last long.Bitcoin community the next target is likely to be $5500 and that is likely to witness some greater selling than the $5200 region. Dollar under pressure

The dollar has been under pressure over the last 24 hours as the FOMC minutes turned out to be more dovish than what was expected. The market was expecting the minutes to outline the time when the next rate hike could be expected but one of these details were there in the minutes. This turned out to be a disappointment for the bulls who have given up on the dollar for the short term and hence the dollar has been on the backfoot ever since the release of the news. We expect this choppy kind of trading on the back of the weakness in the dollar to continue for the short term as the market awaits further signals from the US.

This article was originally posted on FX empire more from FXEMPIRE:

bitcoin community

• gold price prediction for october 13, 2017

• morning market update – USD/JPY

• strong eurozone production numbers fail to buoy stocks

• market snapshot – bitcoin prices shoot through $5000

• bitcoin prices push through $5000 and on to all time highs

• E-mini dow jones industrial average (YM) futures analysis – october 12, 2017 forecast

Bitcoin prices rush higher

The star of the day has been bitcoin as its prices have shot through the all time highs and also through the psychological mark of $5000 and now trade close to the $5200 region. We have been warning of this move for the past few days and had said that it is likely to be sooner rather than later. Now that the prices have pushed through towards $5200 and met with some resistance there, we expect a bit of consolidation which is unlikely to last long.Bitcoin community the next target is likely to be $5500 and that is likely to witness some greater selling than the $5200 region. Dollar under pressure

The dollar has been under pressure over the last 24 hours as the FOMC minutes turned out to be more dovish than what was expected. The market was expecting the minutes to outline the time when the next rate hike could be expected but one of these details were there in the minutes. This turned out to be a disappointment for the bulls who have given up on the dollar for the short term and hence the dollar has been on the backfoot ever since the release of the news. We expect this choppy kind of trading on the back of the weakness in the dollar to continue for the short term as the market awaits further signals from the US.

This article was originally posted on FX empire more from FXEMPIRE:

bitcoin community

• gold price prediction for october 13, 2017

• morning market update – USD/JPY

• strong eurozone production numbers fail to buoy stocks

• market snapshot – bitcoin prices shoot through $5000

• bitcoin prices push through $5000 and on to all time highs

• E-mini dow jones industrial average (YM) futures analysis – october 12, 2017 forecast

Bitcoin prices rush higher

The star of the day has been bitcoin as its prices have shot through the all time highs and also through the psychological mark of $5000 and now trade close to the $5200 region. We have been warning of this move for the past few days and had said that it is likely to be sooner rather than later. Now that the prices have pushed through towards $5200 and met with some resistance there, we expect a bit of consolidation which is unlikely to last long.Bitcoin community the next target is likely to be $5500 and that is likely to witness some greater selling than the $5200 region. Dollar under pressure

The dollar has been under pressure over the last 24 hours as the FOMC minutes turned out to be more dovish than what was expected. The market was expecting the minutes to outline the time when the next rate hike could be expected but one of these details were there in the minutes. This turned out to be a disappointment for the bulls who have given up on the dollar for the short term and hence the dollar has been on the backfoot ever since the release of the news. We expect this choppy kind of trading on the back of the weakness in the dollar to continue for the short term as the market awaits further signals from the US.

This article was originally posted on FX empire more from FXEMPIRE:

bitcoin community

• gold price prediction for october 13, 2017

• morning market update – USD/JPY

• strong eurozone production numbers fail to buoy stocks

• market snapshot – bitcoin prices shoot through $5000

• bitcoin prices push through $5000 and on to all time highs

• E-mini dow jones industrial average (YM) futures analysis – october 12, 2017 forecast