Bitcoin Forecast: Potential Price Rise Ahead
The price of Bitcoin has reached a historical high, formed a bullish trap at the level of 68998, and continued the correction. It should gain the required support at the very important level of 49000, although the supporting zone formed between levels 40000 and 42000 is more crucial for this asset. Bitcoin might potentially rebound from this zone and jump. So, let’s observe what might be Bitcoin’s next move.
The price of the currency pair EUR/USD keeps moving within a large range. It is targeting the level of 1.1000 now. The price of this asset might eventually retest this level, rebound, and drop.
The price of silver is heading up and approaching the resistance level of 26.30. It might potentially rebound from this level and drop. In this case, it would be very important to follow the candlestick formations to forecast the upcoming price movements.
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