Bitcoin May Reverse Higher As Sentiment Shifts
Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.
Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.
The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.
In the final moments of last week, AUD/USD set itself up for a reversal following a hammer on the weekly chart, meanwhile GBP/AUD prices are at risk to deepening losses.
GBPUSD is attempting to bounce off its seven-week low and the short-term chart is deep in oversold territory, but longer-term Sterling still looks weak