Oct 18, 2019 Forex News
From about 3:00 a.m. to 7:00 p.m. London time, the price of Bitcoin dropped from $8,120 to $7,900. Interestingly, a few hours before, a big Bitcoin transaction was completed - 10,000 BTC (about $80 million) - at the wallet address on the Binance crypto exchange.
It is difficult to say whether these funds were used to lower prices, but this is undoubtedly a suspicious coincidence. It is also interesting that the cost of this transaction was only $1.73.
What will happen to the price of Bitcoin?
At the time of publication, Bitcoin is trading at $7,905 with a market capitalization of $142 billion, and the Bitcoin dominance index 65.9%.
If the price of Bitcoin falls below the current level, then we can expect further support levels of $7,800 and $7,600. Also, the nearest resistance levels are $8,000 and $8,200.
Bitcoin volatility is likely to return, and the coming weekend may turn out to be very productive for some traders.
Despite the short-term effect of rumors that Amazon was going to accept Bitcoin this year and the subsequent pullback, the BTC/USD pair was able to find support in the area of $36500 and start a new rally. As a result, today the BTC/USD pair was able to rise
Mar 2, 2023 Forex Forecast
Dear clients, Please note that due to Independence Day celebrated in the USA on 4 July 2022 you may experience the following changes: Monday, July 4rdMetal CFDs: trading closes at 21:30. Indices CFDs: Europe 50 (#ESX50): trading closes at 23:00; France 40 (#FCHI): trading closes at 23:00;
Jul 1, 2022 Company News
On March 13th, 2022 TenkoFX will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change will affect all types of TenkoFX trading accounts. In ECN, STP accounts summer time will take effect starting with the market opening on Monday, March 14th, 2022. In Crypto
Mar 10, 2022 Company News
Dear Clients, Please note that due to President’s Day in the US on February 21, 2021, trading hours for some financial instruments will be changed as follows: Spot commodities CFD:Gold (XAUUSD) - trading ends at 21:30;Silver (XAGUSD) - trading ends at 21:30;US Crude (XTIUSD)
Feb 14, 2022 Company News