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Forex forecast. When will Bitcoin start to grow?

Bitcoin/USD, cryptocurrency, Forex forecast. When will Bitcoin start to grow?

Bitcoin is moderately correcting after a bullish July. The capitalization of the USDT stablecoin began to grow for the first time in three months.

Bank of America points to bullish signals for BTC. Bitcoin has set its sights on the $27,000 mark, according to Arcane Research.

Glassnode doubts the continuation of the BTC rally. Bitcoin will enter a new phase of growth only in 2024, Morgan Creek believes.

Bitcoin declined by 0.5% on Tuesday, ending the day at about $23,000 amid a correction in stock indices.

If BTC holds the level of $20,700, it may soon be in the range of $27,000-$28,000, Arcane Research believes.

The increased outflow of cryptocurrencies from exchanges and the growth of net inflows into stablecoins signal a bullish market momentum, according to Bank of America.

The capitalization of the USDT stablecoin has started to grow for the first time in three months, which may indicate consolidation and further growth of cryptocurrencies. Since the beginning of May, the indicator has decreased by 21%.

The AASI on-chain indicator indicates a likely correction of bitcoin, since the price of BTC has recently grown faster than the number of active addresses. On the other hand, the long-term MVRV Z-Score indicator has crossed the upper boundary of the deep oversold zone, which signals the likely passage of the "bottom" of the market cycle.

Read more: What are Stablecoins and how do they differ from other cryptocurrencies

Meanwhile, Glassnode doubted the continuation of bitcoin's recovery rally, referring to the fact that the data of on-chain indicators have not improved fundamentally in recent days. Thus, the number of active bitcoin addresses remains within the downtrend channel. Network activity remains subdued, which indicates a small influx of new demand.

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Forex Signals for EUR/USD, GBP/USD and USD/CAD on 07/10/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 07/10/2022        EUR/USD SignalsThe EUR/USD pair is trading within the descending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9845 with the aim of going up to resistance at 0.9886-0.9928. Stop below 0.9760.I recommend opening short positions after breakdown of support at 0.9780 with the aim to go down to support at 0.9742-0.9706. Stop above 0.9855.GBP/USD SignalsOn the basis of the technical modeling on pair GBP/USD the forecast of the further movement was formed and the average urgency predisposes to decrease.In the given technical situation it is possible to sell from level 1.1268 also it is possible to expose the pending order on sale at level 1.1445 with the purpose of decrease in area of support at level 1.0950-1.0568, the stop at the given strategy can be placed at level 1.1525.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest at no-loss. If this forecast for the GBP/USD pair coincides with your opinion, then you can safely use this strategy.USD/CAD SignalsUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level 1.3708), which generally contributes to the price increase in the short term. I recommend to work on this pair from purchases on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3777 with the aim to go up to the resistance level of 1.3838 and in case of its break-down to 1.3899.  Stolploss may be placed at the level of 1.3690.The signal for the opening of a short position is a breakdown of support at 1.3656 with the aim of going down to 1.3574, in case it is broken through 1.3507. Stolploss for this strategy can be placed at the level of 1.3820.Taking into account that the moving average and the location of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts. If you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Oct 07, 2022 Read
Forex Signals for EUR/USD, GBP/USD and USD/CAD on 06/10/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 06/10/2022  EUR/USD SignalsThe pair EUR/USD is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of the resistance at 0.9951 with the aim of going up to the resistance at 0.9998-1.0040. Stop below 0.9890.I recommend opening short positions after breakdown of support at 0.9910 with the aim to go down to support at 0.9871-0.9832. Stop above 0.9960. GBP/USD SignalsOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed, and the average urgency predisposes to increase within the limits of correction.In the given technical situation pound can be bought from the level of 1.1318 also it is possible to expose the pending buy order at the level of 1.1210 with the purpose of increase in the area of resistance at the level of 1.1488-1.1625, the stop at this strategy can be placed at the level of 1.0996.If we gain a profit of 30 pips or more, we fix 50% of the position, and reduce the rest to a lossless position. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy.USD/CAD SignalsUSD/CAD is trading in a downtrend on the 4-hour chart. It shows that USD/CAD is trading below the moving average with a period of 55 on the hourly chart (level of 1.3698), which generally contributes to the decline in the price in the short term. I recommend to work on this pair from the sales on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3720 with the aim to go up to the resistance level of 1.3776 and in case of its break-down at the end of the hour to 1.3837.  Stolploss may be placed at the level of 1.3650.The signal for the opening of a short position is a breakdown of support at 1.3594 with the aim of going down to 1.3507, in case it is broken through 1.3442. Stolploss in this strategy can be placed at the level of 1.3705.Taking into account that the moving average and the location of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts.If you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Oct 06, 2022 Read
Forex Signals for EUR/USD, GBP/USD and USD/CAD on 05/10/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 05/10/2022  EUR/USD SignalsThe pair EUR/USD is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of the resistance at 1.0000 with the aim of going up to the resistance at 1.0044-1.0085. Stop below 0.9940.I recommend to open short positions after breakdown of support at the level of 0.9951 with the aim to go down to support at the level of 0.9910-0.9869. Stop above 1.0010. GBP/USD SignalsOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgency predisposes to decrease within the limits of correction.In the given technical situation it is possible to sell from level 1.1488 also it is possible to expose the pending order on sale at level 1.1625 with the purpose of decrease in area of support at level 1.1275-1.1155, the stop at this strategy can be placed at level 1.1655.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest at no-loss. If this forecast for the GBP/USD pair coincides with your opinion, then you should feel free to use this strategy.USD/CAD SignalsUSD/CAD is trading in a downtrend on the 4-hour chart. It shows that USD/CAD is trading below the moving average with a period of 55 on the hourly chart (level of 1.3697), which generally contributes to the decline in the price in the short term. I recommend to work on this pair from sales on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3595 with the aim to go up to the resistance level of 1.3662 and in case of its break-down at the end of the hour to 1.3719. Stolploss may be placed at the level of 1.3490.The signal for the opening of a short position is a breakdown of support at 1.3507 with the aim of going down to 1.3442, in case it is broken through 1.3372. Stolploss for this strategy may be placed at the level of 1.3615.Considering that the moving average and the positioning of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend to open positions by the end of the hour to avoid false breakouts. If you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Oct 05, 2022 Read
Forex Signals for EUR/USD, GBP/USD and USD/CAD on 04/10/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 04/10/2022  EUR/USD SignalsThe EUR/USD pair is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9888 at the end of the hour with the aim of going up to resistance at 0.9934-0.9978. Stop below 0.9840.I recommend to open short positions after breakdown of support at the level of 0.9847 with the aim to go down to support at the level of 0.9806-0.9760. Stop above 0.9915. GBP/USD SignalsOn the basis of technical modeling on pair GBP/USD the forecast of the further movement was formed and the average urgency predisposes to decrease.In this technical situation pound can be sold from the level of 1.1389 and you can also put a pending sell order at 1.1465 for the purpose of reducing to the support area at 1.0864-1.0610, a stop in this strategy can be placed at the level of 1.1510.If we gain a profit of 30 pips or more we fix 50% of the position, and place the rest of the profit at no-loss. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy.USD/CAD SignalsUSD/CAD is trading in a downtrend on the 4-hour chart. It shows that USD/CAD is trading below the 55 moving average on the 4h chart (level 1.3703), which will lower the price in the short term. I recommend to work on this pair from sales on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3662 with the aim to go up to the resistance level of 1.3719 and in case of its break-down at the end of the hour to 1.3776. Stolploss may be placed at the level of 1.3556.The signal for the opening of a short position is a breakdown of support at 1.3591 to 1.3510, and in case it is broken through 1.3442. Stolploss for this strategy can be placed at the level of 1.3675.Taking into account that the moving average and the location of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts. If you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Oct 04, 2022 Read
Forex Signals for EUR/USD, GBP/USD and USD/CAD on 03/10/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 03/10/2022  Signals EUR/USDThe EUR/USD pair is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9848 with the aim of going up to resistance at 0.9888-0.9934. Stop below 0.9770.I recommend opening short positions after breakdown of support at 0.9783 with the aim to go down to support at 0.9741-0.9697. Stop above 0.9865. Signals GBP/USDOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgency predisposes to decrease.In the given technical situation pound can be sold from the level of 1.1172 and also it is possible to expose the pending sell order at the level of 1.1244 with the purpose of decrease in the support area at the level of 1.0826-1.0293, the stop at this strategy can be placed at the level of 1.1430.If we gain a profit of 30 pips or more we fix 50% of the position, and place the rest of the profit at no-loss. If this forecast for the GBP/USD pair coincides with your opinion, then you can safely use this strategy.Signals USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD rate is trading above the 55-period moving average on the hourly chart (1.3720 level), which generally contributes to the price increase in the short term. I recommend to work on this pair from sales on the basis of the existing wave model.Breaking through resistance at 1.3838 with the aim to go up to resistance at 1.3900 will be a signal to open a long position, and if it is broken through to 1.3946 by the end of the hour.  Stolploss may be placed at the level of 1.3710.The signal for the opening of a short position is a breakdown of support at 1.3719 with the aim of going down to 1.3662, in case it is broken through 1.3596. Stolploss in this strategy can be placed at the level of 1.3855.Taking into account that the moving average and the location of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts.  If you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Oct 03, 2022 Read
Forex Signals for EUR/USD, GBP/USD and USD/CAD on 30/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 30/09/2022 EUR/USDThe EUR/USD pair is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9848 with the aim of going up to resistance at 0.9888-0.9934. Stop below 0.9770.I recommend opening short positions after breakdown of support at 0.9783 with the aim to go down to support at 0.9741-0.9697. Stop above 0.9855.  GBP/USDOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgency predisposes to decrease.In the given technical situation pound can be sold from the level of 1.1171 and also it is possible to expose the pending sell order at the level of 1.1244 with the purpose of decrease in the area of support at the level of 1.0826-1.0293, the stop at this strategy can be placed at the level of 1.1390.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest at no-loss. If this forecast for the GBP/USD pair coincides with your opinion, then you can safely use this strategy.USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level 1.3686), which generally contributes to the price increase in the short term. I recommend to work on this pair from the sales on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3743 with the aim to go up to the resistance level of 1.3807 and in case of its break-down at the end of the hour to 1.3877.  Stolploss may be placed at the level of 1.3650.The signal for the opening of a short position is a breakdown of support at 1.3662 and the aim of downward movement to 1.3596, in case it is broken through 1.3512. Stolploss for this strategy can be placed at the level of 1.3775.Considering that the moving average and the location of the boundaries of the technical figures moves over time, it is necessary to correct their position on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts.  More about GBP/USD tradingIf you are interested in GBP/USD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest GBP/USD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Sep 30, 2022 Read
Forex Signals for EUR/USD, GBP/USD and USD/CAD on 29/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 29/09/2022 EUR/USDThe pair EUR/USD is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9700 with the aim of going up to resistance at 0.9747-0.9800. Stop below 0.9640.I recommend opening short positions after breakdown of support at the level of 0.9648 with the aim to go down to the support at 0.9596-0.9546. Stop above 0.9710.GBP/USDOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgent predisposition to decrease.In this technical situation, the pound can be sold from the level of 1.0909, you can also put a pending sell order at 1.1075 for the purpose of reducing to the support area at 1.0266-1.0104, a stop in this strategy can be placed at 1.1225.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest of the profit at no-loss. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy.USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level 1.3688), which generally contributes to the price increase in the short term. I recommend to work on this pair from the sales on the basis of the existing wave model.The signal for long position opening will be a break-down of resistance at 1.3734 with the aim to go up to the resistance level of 1.3807 and in case of its break-down at the end of the hour to 1.3877. Stolploss may be placed at the level of 1.3590.The signal for the opening of a short position is a breakdown of support at 1.3596 and the aim of downward movement to 1.3512, in case it is broken through 1.3442. Stolploss for this strategy may be placed at the level of 1.3745.Considering that the moving average and the location of the boundaries of technical figures move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts. More about USD/CAD tradingIf you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Sep 29, 2022 Read
Forex Signals for EUR/USD, GBP/USD and USD/CAD on 28/09/2022
EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for EUR/USD, GBP/USD and USD/CAD on 28/09/2022 EUR/USDThe pair EUR/USD is trading within the descending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9570 with the aim of going up to resistance at 0.9605-0.9643. Stop below 0.9530.I recommend to open short positions after breakdown of support at the level of 0.9534 with the aim to go down to the support level of 0.9496-0.9459. Stop above 0.9580.GBP/USDOn the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgent predisposition to decrease.In the given technical situation pound can be sold from the level of 1.0687, you can also put a pending sell order at 1.0801 with the aim of decreasing to the support area at the level of 1.0266-1.0104, a stop at this strategy can be placed at the level of 1.0955.If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest of the profit at no-loss. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy.USD/CADUSD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level of 1.3693), which generally contributes to the price increase in the short term. I recommend to work on this pair from the sales on the basis of the existing wave model.Breaking through resistance at 1.3807 with the aim to go up to resistance at 1.3876 and if it is broken through to 1.3946 will be a signal to open a long position. Stolploss may be placed at the level of 1.3635.The signal for the opening of a short position is a breakdown of support at 1.3662 to 1.3596, in case it is broken through 1.3512. Stolploss for this strategy may be placed at the level of 1.3815.Considering that the moving average and the location of the boundaries of the technical figures moves over time, it is necessary to correct their position on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts.  More about USD/CAD tradingIf you are interested in USD/CAD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest USD/CAD forecasts and signals contain support and resistance levels, as well as stop-loss levels. 
Sep 28, 2022 Read
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