Dollar, Gold and Coin Markets Forecast / A Look at the Financial Markets May 18, 1401

According to Tejarat News, The price of the dollar Today, with a decrease of 37 Tomans, the moment of compiling this report was recorded at 28 thousand and 139 thousand Tomans. The trend in the gold and coin market was also declining. Since then, the stock market index has been increasing in the capital market.

What is the probability of bitcoin return?

«خرس‌های Bitcoin They can achieve their dream and bring bitcoin below $ 30,000, but now is not the time. “It is unlikely that Bitcoin will rise to $ 100,000 before it falls below $ 30,000.” This prediction may seem a little unrealistic.

If you were active in the cryptocurrency market in 2019, you probably remember that bitcoin moved suddenly just when everyone was expecting the market to collapse. Or it suddenly fell in March 2020 while on an upward trend.

This is the argument of Credible, a well-known digital currency analyst, for the possibility of a return to the market. He believes that according to Elliott’s wave strategy, we should wait for the fifth wave, which can bring bitcoin to $ 100,000.

“It is no surprise that we are seeing a drop in prices after the record highs in November 2021. But now I think it is unlikely to fall below $ 30,000. “I think we are leaving the bottom untouched for now.”

An important point in technical analysis is that a technique is the science of reversing a trend, but Elliott Waves says there is no reason for everything that happened in the past to be repeated in the future. That’s why Elliott is a strategy for predicting sudden returns.

Stock forecasting

Javad Fallahian, a capital market expert, told Tejarat News: “This week, factors such as rising world prices, inflation of basic commodities and the relative increase in the value of transactions caused the stock market to rise and this trend is expected to be maintained in the market in the coming days.”

The real price of the dollar at the end of 1401

Milad Sadeghi, financial market expert on trend forecasting Dollar In an interview with Tejarat News, he stated: The real value of the dollar will finally be close to 31 to 32 thousand tomans by the end of this year, considering liquidity, economic growth and the official interest rate.

He continued: “But what the market sees as price can not be talked about now and depends on factors outside the market such as the Vienna agreement and inflation expectations.

Gold Prediction

Borzoo Haghshenas, another financial markets expert on gold price Stated: in the long run due to the economy involved in inflation Gold It has been ascending. In the short term, the government still seems to be suppressing markets. This policy is wrong and it causes the financial markets to grow a lot with the slightest excuse, and this in turn causes inflation.

He continued: “It is not clear how long the government will be able to continue this trend with this amount of liquidity growth and economic and inflation data.” If the trend continues and there is no promising news, I think there will be a movement in all markets, including gold, by mid-summer.

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