Some traders are anticipating a bigger drop
as speculators continue to lose interest in the market.
Not exact matches
Oil futures edged lower for a second straight session on Monday in thin trade
as European markets observed the Easter holiday and
as hedge funds and other big
speculators were
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As veteran Japan watcher Richard Werner (author of Princes of the Yen) recently described the situation to me, «while Japanese small firms were killed by the
continued refusal of banks to expand credit (and many a small firm president was killed by having to sell a kidney to the loan sharks he was forced to resort to), foreign
speculators received ample yen funds for a pittance.»
Related: Oil Prices
Continue Plunging
As Speculators Rush For The Exit
Accordingly, we can expect bitcoin price to
continue rising towards the $ 3,800 price level within the upcoming week, yet
as we mentioned earlier, a downwards price correction attempt can take over for a while,
as speculators and traders close their long positions to collect their profits.
It's global payment network was started in 2012, and has
continued to grow
as companies have adopted it, and currency
speculators have taken interest in Ripple.
Instead of being forewarned by the volatility,
speculators seemed to decide that stock prices would rise perpetually
as long
as they
continued to buy.
Despite Bitcoin's failure to achieve its initial promise
as quickly
as early enthusiasts expected, Coinbase, a digital money startup based in San Francisco, has
continued to chug along, attempting to find its footing in a market defined less by everyday consumers than by
speculators and aficionados.
The
speculator looking to maximise investment strategies will
continue to look for residential real estate opportunities in potentially lucrative prime property markets, such
as London.