Rubikkav

According to investing, investors remain on the lookout for progress toward the implementation of the US fiscal stimulus in a week shortened by a holiday and while the earnings release season is drawing to a close, there are still some big names to release their reports.

On the economic agenda, the US retail sales figures and the minutes of the last Federal Reserve meeting will be the main events to watch.

Market participants will also closely follow Thursday’s hearing before the House Financial Services Committee on the recent turmoil sparked by trading in GameStop (NYSE: GME) and other short-listed stocks and Bitcoin is approaching 50,000. Dollars. Then, this is what you need to know to start your week.

Bitcoin hit new all-time highs on Sunday, breaking the $ 49,000 level for the first time.

As indicated in our daily analysis of Bitcoin, it managed to break the downward channel that we had marked within the ABCDE pattern. The confirmation of the break was given at 35548.73 and with it the continuation of wave 5 (intraday) that touched the 0.7 Fibo at exactly $ 49000, as said in the previous lines.


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The Most Important Financial Markets Things For The Next Days | by Rubikkav | The Capital | Feb, 2021

by Benjamin Hartman
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