3 min readBITCOIN (BTC/USD):
As the New Year unfolds, Bitcoin has begun emerging from its extended consolidation phase, reclaiming momentum and trading once again above the significant psychological threshold of $100,000.00.
A closer examination of the technicals reveals substantial room for downward movement if price action begins to decline toward the rebalancing zone near the 50% Fibonacci level. However, the current momentum suggests that prices may continue to trend higher before any potential pullbacks occur.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
