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Tag Archives: Forecasts

Video: Platinum Price Forecast for March 2021 – Will the Rally Continue?

In the present video, David Jones from Capital.com provides his forecast for platinum in March 2021. He starts the video by discussing the recent strong rally of the metal, which brought prices to the six-year high this month, the fundamentals that were driving it, and what factors will be affecting platinum in the near future. Next, David lists the major support and resistance levels. He then turns...

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Video: Weekly Commodity Forecast – Gold, Silver, Platinum, Palladium, Gasoline for February 22-26, 2021

In the present video, Phil Carr from The Gold and Silver Club provides his forecast for gold, silver, platinum, and palladium for the week of February 22–26, 2021, and also the energy market. He starts the video by discussing the previous week’s price moves and explains what macro factors will be affecting markets this week. He also reminds traders about the theory of a commodity supercycle...

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BTC at $57,000: Next Journey to $65,000 May Have These Bullish and Bearish Cases

The benchmark cryptocurrency continues to break new all-time highs with each passing day. At 14:23 GMT on Saturday, the coin was selling at $57,601, a 8.65% increase over the last 24 hours. The current price follows Bitcoin cementing its place as the first cryptocurrency to pass a $1 trillion market capitalization. It is the sixth most valuable global asset by market cap. What makes this record important is that Bitcoin is also witnessing subdued...

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Video: Gold & Silver Price Forecast as of 19 February 2021

In the present video, Phil Carr from The Gold and Silver Club talks about gold and silver as of February 19, 2021. He discusses price moves the metals have demonstrated this week, the reasons for them, and how traders could have reacted to them. Phil also explains what events will be affecting the market next week and how traders can prepare for them. If you found this video useful and want to see more...

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Bitcoin’s Active Supply May Affect Price Rally

Since the start of the present price rally, Bitcoin’s active supply has played a crucial role. Has the king cryptocurrency traded around $52,000, the amount of active supply from 7Y to 10Y hit a low of 1.42 million Bitcoin. This is very different from what was obtainable before the new ATH on February 18. This may be because after booking unrealized profits and losses at the previous all-time high, traders and investors are holding on to their...

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Institutions Now Hold 3% of BTC’s Circulating Supply. What Does This Mean?

Institutional investors and big corporations now hold 460,000 BTC, which is 3% of the total BTC supply in circulation. What does this mean for Bitcoin in the short and long term? As it stands, it is clear that institutional investors are storing up Bitcoin. As at the time of writing, they were holding 3% of the total supply. Most of them locked in long term holdings. Data available shows 24 entities have...

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Will Mastercard’s Crypto Acceptance Affect Bitcoin Price?

Mastercard, the leading credit card conglomerate, announced earlier this week that it will allow its users to utilize cryptocurrencies on its payment network. This comes after Visa announced a similar adoption of cryptocurrencies on its payment platform. Post the announcement, Bitcoin price moved rapidly upward from around $45,000 to a new all-time high of $48,000. Raj Dhamodharan, executive vice president of digital asset and blockchain products and partnerships, said: Many of the hundreds...

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Video: Bitcoin Price Prediction for February 2021 – Musk/Tesla Buy 1.5B Bitcoin!

In the present video, David Jones from Capital.com provides his forecast for bitcoin in February 2021, trying to answer the question: was the recent rally of the cryptocurrency a false breakout or it proved that the bullish momentum persists? He starts the video with fundamental analysis, explaining factors behind the recent surge and what fundamentals will be influencing bitcoin in the near future. Next,...

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Video: Updated Crude Oil Price Forecast for February – WTI Oil Hits 2.5-Year High!

In the present video, David Jones from Capital.com provides his updated forecast for WTI crude oil in February 2021. He starts the video with fundamental analysis, discussing the strong start of the year, the reasons for the rally of crude oil prices, and factors that will be affecting the commodity in the near future. Next, David lists the major support and resistance levels. He then turns...

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Video: Weekly Commodity Forecast – Gold, Silver, Platinum, Palladium for February 8-12, 2021

In the present video, Phil Carr from The Gold and Silver Club provides his forecast for gold, silver, platinum, and palladium for the week of February 8–12, 2021. He starts the video by discussing the recent moves of the metals and how traders could have reacted to them. Next, Phil explains what fundamental factors will be driving the market this week. He then turns to charts and technical...

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