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Five Things to Watch Next Week: Bitcoin, Central Banks, Qatar, Gold, and the Market Top

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Five Things to Watch Next Week: Bitcoin, Central Banks, Qatar, Gold, and the Market Top

Introduction

This article was posted on Sunday, 15:09, UTC.

1.            Cryptocurrencies Still in Correction Mode Ethereum, Bitcoin, and Ripple are both still well below their all-time highs following a choppy sideways week for the crypto market. Litecoin’s break-out was the biggest move of the week and we expect more to come from LTC before BTC’s “Judgement Day” in August. The weekend brought another wave lower for the majors, but so far, the damage is limited and the consolidation patterns are intact. The long-term picture remains supportive of more correction for the coins after the stellar rally of the past few months, but it’s a bull market, and surprises usually…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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