FxWirePro- BTCUSD Daily Outlook 
An Israeli attack on Iran’s nuclear weapons programme is unlikely – here’s why 
Will global oil supply be at risk if Iran and Israel pull the Middle East into war? 
‘They don’t have enough’ – schools in England are running food banks for families 
FxWirePro: EUR/NZD sustains gains despite on going geopolitical risks 
Why doesn’t my digital music feel like ‘mine’? Three ways digital possessions reduce our sense of ownership 
Michael Saylor Nets $370 Million from MicroStrategy Shares Amid Crypto Surge 
FxWirePro:GBP/NZD retreats slightly but trend is still bullish 
SHIB, BONE Prices Rally: Factors Fueling Memecoin Market Recovery Revealed 
FxWirePro: GBP/NZD beginning to trend higher but hurdle ahead 
FxWirePro- Crude oil Daily Outlook 
Gym hygiene guide: the dangerous bacteria that lurk in dirty fitness equipment and clothes 
Bitwise: Market Underestimates Long-Term Impact of Upcoming Bitcoin Halving 
Low pay and few contracts make freelance journalism a bleak prospect in 2024 
FxWirePro: GBP/AUD under pressure after early buying dries up 
Although the bulls of BTCUSD have attempted to bounce back last week from the lows of $5,858.6 levels bears have resumed yesterday at $6,524 levels (i.e. near 21-DMAs), the bullish momentum is not convincing. As a result, the trend goes in sideways for the day.
On a broader perspective, it has tested the strong support at 78.6% fibonacci levels from the peaks of last december’2017 (i.e. 5701 levels).
Well, it is now stuck in the range between $6,524 and $5,755 levels over the past few months, we’ve got mixed bag of analysts who have been differed on the influence of the presiding of the US SEC (Securities and Exchange Commission) of Bitcoin ETFs applications.
For now, ProShares, a premier provider of ETFs, launched the first ETFs underpinned by bitcoin futures contracts back in last December investing only in retailers principally selling online or through other non-store channels. The ProShares Online Retail ETF (NYSE Arca: ONLN) focuses on the largest players in the space—iconic companies like Amazon and Alibaba, whose rise is reshaping the retail world.
The U.S. securities regulator are scheduled to decide whether they could approve the ProShares Bitcoin ETFs and the ProShares Short Bitcoin ETF by this Thursday.
Unlike the deferral of an approval of CBOE's VanEck/SolidX bitcoin ETF proposal, the rule change proposal filed by ProShares in conjunction with NYSE Arca would not be delayed any further under the regulator's rules.
Having said that, one should not forget the vigorous bullish trend last year, the journey from $735.3 to a whopping $19,891. (at BITFINEX exchange), or 2,605% surge was commendable. However, on the contrary, the Bitcoin bears have held steady from the last couple of months’ trading sessions but oscillating between the range of 5700 levels to 11700 levels.
Currency Strength Index: FxWirePro's hourly BTC spot index has shown -149 (bearish), while USD spot index flashes -146 (which is bearish), while articulating at 05:53 GMT. For more details on the index, please refer below weblink:
