empty
 
 
Está a punto de salir de
www.instaforex.eu >
un sitio web operado por
INSTANT TRADING EU LTD
Abrir cuenta

11.04.202114:44 Forex Analysis & Reviews: Helpless bulls and the ban of the British bank HSBC to its customers to buy shares of MicroStrategy

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

Exchange Rates 11.04.2021 analysis

Yesterday, the bitcoin exchange rate rose to the level of $ 61,182 per coin. That is, it came close to its local and absolute maximum of $ 61,700. However, in the second half of the day, buyers again retreated from the market, thus, it was not possible to update the maximum value, as well as to gain a foothold above the psychological level of $ 60,000. Today, the quotes of the "cue ball" are growing again, but again, it is still unknown how the day will end. Perhaps, in the second half of the day, there will be a pullback down again. On the one hand, in our experience, when the quotes are long and tedious "trample" around one level, they eventually overcome it. Strong corrections or trend completions usually occur abruptly: reaching a certain level and a sharp reversal. However, this is bitcoin, where everything depends on the mood of investors, who bought the cryptocurrency to make money on it, that is, to sell it profitably sooner or later. Thus, if tomorrow the majority of participants in the cryptocurrency market decide that "it's time", then bitcoin can collapse at least by 90%. Of course, in 2021, it will be much more difficult to do this, since now a large number of institutional or simply large private investors have invested in bitcoin. Such people and companies can keep coins on their balance sheets for years. Therefore, we recommend starting from the support levels that are plotted in the illustration below.

Meanwhile, the largest bank in the UK, HSBC, according to non-official information, prohibits its customers from buying shares in MicroStrategy. Recall that the company MicroStrategy, which is engaged in the development of analytical software, invested more than a billion dollars of free funds in bitcoin, buying more than 90,000 coins. Now the value of this number of coins is estimated at $ 5.5 billion. One of the bank's clients shared the relevant information. The letter, which they received at the end of March, says that the bank is changing its policy on cryptocurrencies and digital assets, as well as on companies that are closely associated with cryptocurrencies. It was also previously reported that HSBC also blocks transfers of customers who are associated with cryptocurrency exchanges. Thus, this is the first case in the world practice when a large bank tries not to popularize the cryptocurrency sector, providing its customers with more opportunities, but rather restricts access to digital products and shares of companies closely associated with them. However, from our point of view, there is nothing extremely surprising about this. Many experts now believe that if bitcoin collapses, then not only the cryptocurrency market will collapse, but also all other financial markets. Over the past year, bitcoin has integrated too deeply into the existing financial system, so its fall will affect the stock market, the debt market, and many other areas. Thus, some large banks may thus try to insure themselves against possible losses in the event of a bitcoin crash. Recall that earlier the quotes of the "cue ball" have twice lost up to 90% of the value after the upward trend.

Exchange Rates 11.04.2021 analysis

Technically, nothing changes. At the moment, the quotes of the "cue ball" are near the level of $ 60,000, however, it will be possible to talk about fully overcoming it only tomorrow. All three levels of support (the red lines in the illustration) have not been overcome, so from a purely technical point of view, an upward movement is now most likely. Now, if the market participants manage to overcome $ 61,700, then the next target will be the resistance level of $ 65,408.

Desarrollado por un Paolo Greco
experto de análisis de InstaForex
© 2007-2024

Abra una cuenta de operaciones

¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.



Usted está ahora saliendo de www.instaforex.eu, un sitio web operado por INSTANT TRADING EU LTD
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.

Turn "Do Not Track" off