Buy Bitcoin, Buy Everything: Federal Reserve’s Current Monetary Madness to Continue

Stock market indices around the world have tumbled after a pessimistic outlook for economic growth was shared by Federal Reserve Jerome Powell, suggesting it would be a long time before the central bank would be able to pull out support for the economy. The statement said,

“The ongoing public health crisis will weigh heavily on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term.”

The Fed also projected an economic contraction of 6.5% in 2020, the election year, after months of coronavirus-induced lockdowns, and unemployment rate to be 9.3% at year’s end. But the Fed has promised to support the economy on its “long road” to recovery.

The central bank also sees GDP rebounding 5% in 2021 and a further 25% in 2022.

The Fed further suggested that interest rates would remain near zero throughout 2022 and that they are not even “thinking about thinking about raising rates.” This, according to Deutsche Bank analysts led by Jim Reid, is a “strong signal” that the Fed believes the effects of the crisis will be lasting.

Markets’ Reaction

Despite the COVID-19 crisis, the S&P 500 is almost at the level it reached the beginning of the year. The US stocks initially pushed up by the announcement and so did the US dollar and Bitcoin but the bullish move didn’t last.

Meanwhile, gold has managed to keep the gains and is trading at $1,732 an ounce.

“The Fed met expectations, but at the same time it’s brought the focus back on the economy,” said Moh Siong Sim, FX analyst at the Bank of Singapore.

The 10-year Treasury note plunged to 0.6984% and on 30-year bond, the yield fell to 1.4634% after Fed policymakers voted unanimously to hold the federal funds’ target rate at 0%-0.25% for next two years.

On this note, crypto enthusiasts suggested buying bitcoin. “Buy everything. Seriously. Everything but Ripple,” said trader and economist Alex Kruger.

More Stimulus Coming

The Fed’s dovish tone is suggesting the stimulus will keep on coming. Given the way the market is performing lately, this will only further widen the gap between Main Street and Wall Street.

“The takeaway is the Fed remains fully committed to its ultra easy monetary polices,” said NAB’s Catril which “should be supportive for risk assets.”

Policymakers stepping in to support COVID-19 ravaged market through trillions of dollars in stimulus was “unlike any response that we’ve ever seen before, and so this is not your garden-variety recession,” said legendary hedge fund manager Paul Tudor Jones who recently put a small percentage of his firm’s assets in Bitcoin. He said, as such,

“Our citizenry has more cash now than they had going into what will be the shortest recession in the history of the United States.”

According to him, inflation will be impossible to check because the economy is already heavy with debt. The US national debt has already hit $26 trillion, adding $2 trillion in just the last two months.

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Author: AnTy

TRON (TRX) Price Analysis (May 16)

• Tron looks bullish both in the medium-term outlook and in the short-term outlook.
• Buyers may put in their aggressive orders.

TRX/USD Medium-term Trend: Bullish

Key levels

• Resistance levels : $0.025, $0.030, $0.035
• Support levels: $0.007, $0.006, $0.005


The sustained bearish pressure pushed the cryptocurrency down during yesterday’s session to $ 0.014 in the support area during yesterday’s session.

The bulls brief return and push the price up at $0.015 in the resistance area as the daily session opens today.

The price which is up at $0.015 in the resistance area revolving around the two EMAs suggests the bulls are gradually returning to the market.

The stochastic signal pointing down at around level 55% in the overbought region indicates there may be a change in momentum in price of Tron in the future in the medium-term and in this case, a downward trend.

TRX/USD Short-term Trend: Bullish


The cryptocurrency is in the bullish trend in its short-term outlook. The formation of a bullish candle with a wick at $0.014 in the resistance area as the 4-hourly session opens today affirms the bullish presence in the market.
The price of Tron is now up at $0.015 in the resistance area. Price is below the two EMAs with the formation of a pin bar indicates there is likely to be a reversal in the trend.
The stochastic oscillator signals up at 46% imply buyers are beginning to take over the market and may likely continue in the same direction in the nearby days in the short-term.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

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Author: Ben Jordan

Dash Price Analysis (May 10)

DASH/USD Medium-term Trend: Ranging

• The Medium-term and the short-term outlook continues in a range-bound market.
• The bears remained in control of the market within the range

Key levels

• Resistance levels : $140, $150, $160
• Support levels: $35, $25, $15


DASHUSD remains in a range-bound market in its medium-term outlook. The bears retain the control of the market as the daily session opens begin today at $79.50 in the support area

The cryptocurrency is initially down at $68.05 in the support area within the range.

A divergence is noticed as the signal of the stochastic oscillator points up at level 33% in the oversold region and price stays below the two EMAs. It suggests the overall outlook shows upward momentum while a temporary drawdown may occur within the range in the days ahead in the medium-term.

DASHUSD is ranging and trading between $136.16 in the upper resistance area and at $36.80 in the lower support area of the range. Patience coupled with a retest is needed before a position is taken.

DASH/USD Short-term Trend: Ranging

The cryptocurrency is in consolidation in its short-term outlook. The bears sustain pressure with a large bearish engulfing candle at $79.50 in the support area opens today’s 4-hourly session.

DASHUSD drops to $68.05 after which the bulls return briefly and moves the price up at $74.17 in the resistance area.

The bears return afterward and drop the price initially down at $72.47 now in the support area within the range.
With a price below the two EMAs and the stochastic oscillator signal pointing down at around level 30% in the oversold region, it suggests that the downward momentum within the range in the short-term.

DASHUSD is ranging a breakout at the upper resistance area or breakdown at the lower support area may occur, hence patience is required to allow this to happen with a retest before a position is taken.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

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Author: Ben Jordan

Stellar (XLM) Price Analysis (April 26)

• XLMUSD preparing for next bull trend, breakout imminent.
• The short-term outlook is in a sideways market.

XLM/USD Medium-term Trend: Bullish

• Resistance Levels : $0.08, $0.09, $0.10
• Support Levels: $0.03, $0.02 $0.001


The cryptocurrency is in a bullish trend zone in its medium-term outlook.

The formation of the pin bar hammer at $0.06 in the resistance area at the close of yesterday’s session signal a trend reversal. Hence bear’s brief return.

The session opens today on a bearish note at $0.061 in the support area.

XLMUSD is initially down at $0.060 in the support area. With the price above the two EMAs trading at $0.061 price level, indicates that price is in the bullish trend zone.

Hence, the stochastic oscillator signal pointing down at around level 69% in the overbought region implies that the momentum in the price of the coin is likely to encounter a change in the future in the medium-term.

XLM/USD Short-term Trend: Ranging


The formation of a bullish doji candle at $0.061 in the resistance area opens today’s 4-hourly session and signals a trend reversal, hence bear’s brief return.

XLMUSD further drops to $0.060 in the support area after which the bulls took over and move the price up to $0.061 in the resistance area.

Price revolves around EMA-9 with the two EMAs which are fanned apart. This suggests an undefined trend in the context of the market and in this case, ranging.

The stochastic oscillator is in the oversold region with the signal pointing down at 26%, an indication of a likely change in the trend of the crypto in the days ahead in the short-term.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

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Author: Ben Jordan

Dash Price Analysis (April 26)

• The overall outlook of the coin market is bullish in trend.
• The bears may have a temporal control.

DASH/USD Medium-term Trend: Bullish

Key levels

• Resistance levels : $130.00, $140.00, $150.00
• Support levels: $30, $25, $15

DASHUSD price may head towards $120 as crypto traders turn bullish. After a few days of increased actions by the bears, the momentum lost and bulls return to take over. $81.35 bullish candle opens yesterday’s session in the resistance area with high $88.18 and low at $80.52 returns the crypto within the range.

Today’s daily candle at $85.75 opens with the formation of a pin bar hammer in the resistance area.

Price of Dash is initially up at $87.70 above the two EMAs in the resistance area, an indication of upward momentum in the price of the coin.

Hence, the stochastic signal pointing up at level 81 % in the overbought region is an indication that the crypto’s price is in upward momentum, and buyers are in control at the moment in the medium-term.

DASH/USD Short-term Trend: Bullish


The coin is in a bullish trend in its short-term outlook. The bulls’ increase momentum moves the price up at $88.18 with its wick touching the resistance line area during yesterday’s session.

Today’s 4-hour opening candle at $85.75 in the resistance area is bullish as the bulls remain dominant in the market.

DASHUSD rises further to $87.70 in the resistance area. Bear’s brief return drops the price down at $85.42 in the support area as the session continues.

Reactions from the bulls now move the price up at $86.49 above the two EMAs, which indicates that the bulls are in control of the market at the present.

The signal of the stochastic oscillator points up at level 79% in the overbought region implies upward momentum in the price of Dash within the range in the short-term.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

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Author: Ben Jordan

Stellar (XLM) Price Analysis (April 26)

• XLMUSD preparing for next bull trend, breakout imminent.
• The short-term outlook is in a sideways market.

XLM/USD Medium-term Trend: Bullish

• Resistance Levels : $0.08, $0.09, $0.10
• Support Levels: $0.03, $0.02 $0.001


The cryptocurrency is in a bullish trend zone in its medium-term outlook.

The formation of the pin bar hammer at $0.06 in the resistance area at the close of yesterday’s session signal a trend reversal. Hence bear’s brief return.

The session opens today on a bearish note at $0.061 in the support area.

XLMUSD is initially down at $0.060 in the support area. With the price above the two EMAs trading at $0.061 price level, indicates that price is in the bullish trend zone.

Hence, the stochastic oscillator signal pointing down at around level 69% in the overbought region implies that the momentum in the price of the coin is likely to encounter a change in the future in the medium-term.

XLM/USD Short-term Trend: Ranging


The formation of a bullish doji candle at $0.061 in the resistance area opens today’s 4-hourly session and signals a trend reversal, hence bear’s brief return.

XLMUSD further drops to $0.060 in the support area after which the bulls took over and move the price up to $0.061 in the resistance area.

Price revolves around EMA-9 with the two EMAs which are fanned apart. This suggests an undefined trend in the context of the market and in this case, ranging.

The stochastic oscillator is in the oversold region with the signal pointing down at 26%, an indication of a likely change in the trend of the crypto in the days ahead in the short-term.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

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Author: Ben Jordan

Dash Price Analysis (April 19)

• The overall outlook of the coin market is bullish in trend.
• The bears have a temporal control in the market.

DASH/USD Medium-term Trend: Bullish

• Resistance levels : $120, $130, $140
• Support levels: $30, $25, $15

DASHUSD is in a bullish market zone in its medium-term outlook. The bulls increase momentum pushes the price of the cryptocurrency up at $80.70 above the two EMAs in the resistance area during yesterday’s session and sustain it.

Today’s daily session at $80.21 opens with a bullish candle. The bulls’ pressure on the coin pushes the price further up at $82.50 in the resistance area.

Price is above the two EMAs’ which indicates an uptrend in the context of the market. The bulls are in control at the moment.

With the stochastic signal pointing up at around level 72% in the overbought region implies that the momentum in the price of the coin is in an uptrend in the medium-term.

DASH/USD Short-term Trend: Bullish


The crypto is in a bullish trend zone in its short-term perspective. The bullish candle at $79.00 in the resistance area during yesterday’s session sustains the bullish momentum up.

Today’s 4-hourly session opens on a bullish note at $80.21 in the resistance area.
Price further rises to $82.50 as it journeys up north. With the crypto’s price above the two EMAs, this is an indication that the market is in an uptrend and the bulls are in control of the market at the present.

However, the stochastic oscillator signal pointing downwards at around level 86% in the overbought region suggests that the price of DASH may likely encounter a change in trend in the nearby days in the short-term.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

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Author: Ben Jordan

On-Chain Fundamentals Point To High Investor Confidence in Bitcoin Despite Price Dip

  • On-chain bitcoin fundamentals paint an positive outlook for the price as it finds gains back up over $9,000
  • BTC has “more room to grow imminently”

Yesterday, Bitcoin climbed back above $9,000 and continues to hold above this level. After falling to nearly $8,400 last week, bitcoin is now exhibiting signs of rebounding in the past 24 hours. However, the stock-to-flow model price puts BTC’s value at about $8,646.

But it’s not just the price that is showing signs of recovering but on-chain fundamentals as well. When it comes to the on-chain US Dollar volume average in seven days period, seems to have gone lower following the dip in price earlier in the week, absolute values were on course, with the volumes seen a month or so ago. Crypto data provider Glassnode states,

“While coronavirus fears threatened to push prices below this support level, this threat appears to have passed for the time being as markets recover both in and out of crypto.”

The Reserve Risk of bitcoin is currently at low levels, making for an appealing risk/reward ratio for investing in bitcoin. This standard of measurement is used to assess the confidence of long-term holders relative to price and the numbers show, “high investor confidence in BTC at current price levels.” Combined, the on-chain fundamental suggests BTC has “more room to grow imminently.”

Bitcoin- Reserve Risk, Source: Glassnode

Reserve Risk is calculated by dividing the HODL Bank, delayed spending as a result of HODLing, by the current price. When belief is high and the price is low, there is an attractive risk/reward to invest in BTC which is currently the case.

Another indicator shows “strong investor confidence.” The Average Spent Output Lifespan (ASOL) metric also represents long-term investor stamina by showing when long-term HODlers leave the market.

Bitcoin- ASOL (7d Moving Average), Source: Glassnode

Historically, an increase in this metric came all at once to see big sell-offs as investors sold their positions. Over the past couple of days, there has been a “significant spike” in ASOL but this has been due to an exchange aggregating BTC dust from Omni transactions.

Filtering this out presents ASOL levels at low meaning long-term investors are not backing out of their positions. This suggests investor confidence in the digital asset remains high despite bitcoin’s recent dip.

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Author: AnTy

TRON (TRX) Price Analysis (February 23)

• The trend of the coin looks bullish in its medium-term while the short-term outlook is in a range-bound.
• Patience is required at this moment.

TRX/USD Medium-term Trend: Bullish

• Resistance levels : $0.027, $0.028, $0.029
• Support levels: $0.016, $0.014, $0.012

Tron is in a bullish trend market in its medium-term outlook. The bears’ pressure is sustain as it continues to push the price of TRXUSD further down to $0.019 below the two EMA-9 in the support area during yesterday’s session.

However, the formation of the doji candle at $0.019 at the close of yesterday’s session signals a trend reversal. Hence bulls’ brief return.

Price is back within the range with a push to $0.020 by the bulls in the resistance area as the market opens today on the daily candle.

Price of Tron is initially up at $0.020 in the resistance area within the range..

With the price of TRXUSD above the EMA-50 and the stochastic signal pointing up at around level, 16% in the oversold region suggests that the momentum in the price of the coin is in an uptrend in the medium-term within its range.

TRX/USD Short-term Trend: Ranging


The coin is in consolidation in its short-term perspective. Today’s 4-hour opening candle at $0.0201 in the resistance area is bullish as the bulls remain dominant in the market.

TRXUSD moves up to $0.0208 in the resistance area. Price of Tron is initially up at $0.0208 and revolves around the two EMAs an indication of an undefined trend.

However, the signal of the stochastic oscillator points upwards at level 75% in the overbought region an indication of upward momentum within the range and a possibility of a change in trend of the coin in the days ahead in the short-term.

TRXUSD is ranging and trading between $0.019 in the resistance area and at $0.01 in the support area of the range. Patience coupled with a retest is needed before a position is taken.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

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Author: Ben Jordan

Cardano (ADA) Price Analysis (February 23)

• The cryptocurrency is in a bullish trend in the medium-term and ranging in the short-term outlook respectively.
• Patience is required at this period.

ADA/USD Medium-term Trend: Bullish

• Resistance levels : $0.07, $0.08, $0.09
• Support levels: $0.03, $0.02, $0.01

The cryptocurrency is in a bullish trend in its medium-term outlook. The bears increase in momentum drops the price down to $0.057 in the support area during yesterday’s session.

A bearish spinning top hammer at $0.058 opens today’s daily session in the support area within the range.

ADAUSD further drops to $0.057 in the support area. Price revolves around the two EMAs.

The stochastic oscillator signal is pointing down at level 14% in the oversold region an indication of downward momentum in the price of the crypto also the price may encounter a trend reversal in the nearby days in the medium-term perspective.

ADA/USD Short-term Trend: Ranging

The coin is in a range-bound market in its short-term outlook. The drop to $0.057 in the support area pushes the cryptocurrency into a range bound-market during yesterday’s session.

The 4-hourly session today opens with a formation of an inverted bearish candle at $0.058 in the support area.

The coin is initially down at $0.058 in the support area. Price hovers around the two EMAs’ indication of the undefined trend in the short-term.

The stochastic signal is pointing up at level 62% indicates that a trend reversal may likely occur in the momentum in price of Cardano in the nearby days in the short-term.

ADAUSD is in consolidation and trading between $0.057 in the resistance area and $0.043 in the support area within the range. A breakout at the upper resistance area or a breakdown at the lower support area may occur hence patience is required to allow this to happen before a position is taken.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

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Author: Ben Jordan