RIGETTI COMPUTING STOCK CRASH, BITCOIN AND CRUDE OIL

RIGETTI COMPUTING STOCK CRASH, BITCOIN AND CRUDE OIL

Syed Mustafa Amjed Syed Mustafa Amjed

Syed Mustafa Amjed

Business Advisory | Outsourcing | Market Analysis

发布日期: 2025年1月9日
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In the last post we had indicated that bearish signals are apparent on the charts and then we had a 45%+ drop. These waters are shark infested so need to be very careful. Anyways, the quantum industry is progressing and we will see more of it in news going forward.

With respect to Bitcoin 90,500 is a critical level. We do not see any opportunity in the market right now, unless the market either breaks down or rejects the level strongly. So it’s a wait and see approach here. Generally it is better to trade bitcoin on intraday timeframes and its all bearish across the board.

Brent crude oil gradually and imperceptible moved from 73 level to 78 level. Trading and pushing into a supply zone is not presenting any opportunities and breakaway moves. So this needs to be passed for the time being.

BITCOIN, CRUDE OIL & SOME... BITCOIN, CRUDE OIL & SOME...

BITCOIN, CRUDE OIL & SOME...

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