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Bitcoin’s ‘overbought’ signal flashes price top warning with focus on $78K
Bitcoin (BTC) traders expect a short-term correction as a key BTC price strength metric rises to its highest levels in almost fifteen weeks. Bitcoin’s 36% rally to $82,800 on Wednesday from its macro low of $60,000 has significantly impacted its daily RSI. On the daily chart, the RSI rose to 70 on Wednesday from local lows of 39 in March. “$BTC's daily RSI went overbought right as we tagged the 200-day EMA,” trader Jelle said in a Friday post on X, adding: “It makes sense to find resistance here.” RSI measures trend strength and contains three key levels for observers: the 30 oversold boundary, the 50 ... (full story)
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From theguardian.com|May 8, 2026Nigel Farage has repeatedly refused to answer questions about a personal gift of £5m he received from the billionaire Christopher Harborne, as the Reform UK leader sought on ...
From financefeeds.com|May 8, 2026Bitcoin is steadily capturing market share from gold as investors seek protection against fiat currency debasement, JPMorgan analysts said in a research note this week. The ...
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From podcasts.apple.com|May 8, 2026|2 commentspodcast Alf and Brent refresh their macro and trading frameworks on the basis of new info: the Iran/US MoU in negotiation phase, how the world might look like when Hormuz ...
From @realDonaldTrump|May 8, 2026|72 comments
I am pleased to announce that there will be a THREE DAY CEASEFIRE (May 9th, 10th, and 11th) in the War between Russia and Ukraine. The Celebration in Russia is for Victory Day but, likewise, in Ukraine, because they were also a big part and factor of World War II. This Ceasefire will include a suspension of all kinetic activity, and also a prison swap of 1,000 prisoners from each Country. This request was made directly by me, and I very much appreciate its agreement by President Vladimir Putin and President Volodymyr Zelenskyy. Hopefully, it is the beginning of the end of a very long, deadly, and hard fought War. Talks are continuing on ending this Major Conflict, the biggest since World War II, and we are getting closer and closer every day. Thank you for your attention to this matter! President DONALD J. TRUMP
From finance.yahoo.com|May 8, 2026A stronger-than-expected April jobs report is expected to keep the Federal Reserve on hold as Kevin Warsh prepares to take over as chair in a week. “The April employment ...
