Bitcoin - Intraday - We look to Sell at 49099 (stop at 50001)
Daily signals are bearish . Trades with a bearish descending triangle formation. The bias is to break to the downside. Trend line resistance is located at 49100. Preferred trade is to sell into rallies.
Our profit targets will be 46712 and 45912
Resistance: 47800 / 48800 / 49800
Support: 46500 / 45750 / 45000
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
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Peter Garnry,
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Charu Chanana,
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Peter Siks,
Investment Coach
Following a dramatic and volatile 2022 with good returns, a lot of this year's commodity performance may be driven by Chinese politics.
Ole S. Hansen,
Head of Commodity Strategy
2023 could be a tough year for currencies but EUR and JPY may have some upside.
John J. Hardy,
Head of FX Strategy
The commodity-heavy Australian market may have a good start to 2023, as the Chinese focus on growth signals demand for Aussie resources.
Jessica Amir,
Market Strategist
From a near-perfect environment for speculative assets before 2022 to the opposite, crypto faces fundamental challenges.
Mads Eberhardt,
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