Sive Morten is a European bank analyst, author of complete forex trading course available on Forex Peace Army, and a part of FPA's Shoulders of Giants Program where he shares the analytics of Forex market, Crypto market, and precious metals market.
This month, the crypto market shows good performance, volatility, and trading opportunities. In general, it fulfills expectations and begins the long-awaited retracement. We’re keeping a close watch for two reasons: First, because this good setup for short-term trading, and second but more important, because the destination should provide an “investing point” for long-term bullish positions on Bitcoin.
In lieu of a preface Last month we got a strong bullish breakout in market sentiment. It was really the high wave of positive news in media as well as analysts’ view on market perspective. Market performance was not disappointing as well. This trend continues in June as well. Maybe we do not have as …
This month is becoming a turning point for Bitcoin. Price shows three times growth to 9K level, and everybody asks the same question – this is it? This is a new long-term bull trend or not yet. As technically as fundamentally, we see some signs of reversal. Actually, we talk about it almost every day in our videos on the Bitcoin market.
So, it is time to update our fundamental and sentiment background on cryptocurrencies market in general and on Bitcoin in particular. First, I want to be honest with you as with my family doctor – April is the most boring and chary month on fundamental events on Bitcoin. Thus our April update indeed will be brief.
In March, the overall sentiment deteriorated given that the month saw fewer positive events in the crypto sphere. High hopes were resting on institutional investors entering the market, but there has not been any forward movement in this area.
Keeping abreast of the crypto markets, in this month’s briefing, we’ll take a look at what has happened in the last 30 days. Technically, this was the most boring period ever! Only now is activity returning to the market.
Welcome to our monthly briefing, where we comment on the most important events in the cryptocurrency sector with a focus on Bitcoin, analyzing them, and speculating on their possible impact, as well as on what to expect in the long-term. We should begin by clarifying that our analysis is centered mostly on the prevailing sentiment …
This is the 10th installment in our ten-article series, dedicated to providing our readers with the theoretical background necessary for an understanding of the cryptocurrency space. Today, we will look at what is going on with Bitcoin – why its price has been dropping like a stone in the last two months. Is this a result of a change in its valuation or intrinsic value, or caused by non-economy-related factors?
By day Sive Morten works for the large European bank. In that roll he evaluates the markets including currencies market managing bank risks and evaluating the bank portfolio.
At the Forex Peace Army, he is known as an author of Forex Military School, which quite unique free forex trading course. We do not know of any other free forex trading education covering such a broad spectrum of forex market concepts in such details while keeping it easy to understand and practically use.
As if that wasn't enough, he is the part of the Shoulders of Giants Program. He shares with his fellow traders at FPA his view and forcast of the Gold Market, Currency Market, and Crypto Market in form of weekly analytics and daily video updates.