Bitcoin Likely to Maintain Upward Trend, with Low Risk of Large Sell-Off

Bitcoin Likely to Maintain Upward Trend, with Low Risk of Large Sell-Off Concerns about a large-scale sale of Bitcoin seized from Silk Road have been circulating in some quarters. However, for the reasons outlined below, the likelihood of such an event occurring is very low: 1. Completion of Tasks Before the End of the Administration […]

Trading Strategies with an Eye on This Week’s U.S. Jobs Report and Potential Market Adjustment

Trading Strategies with an Eye on This Week’s U.S. Jobs Report and Potential Market Adjustment Weekly Outlook and Market Trends Week’s Highlight: U.S. Non-Farm Payrolls due Friday, January 10 Non-Farm Payrolls: Market predicts an increase of 160k (down from the previous 227k). Related indicators (ADP Employment, Initial Jobless Claims) are generally expected to show weakness. […]