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Home Trading News

Bitcoin is on the Rise: What’s Next?

admin by admin
January 19, 2023
in Trading News



Bitcoin broke the psychological level of 20000, touching the resistance at the level of 210000. Now, the price of Bitcoin is getting ready for the pullback. Bitcoin might potentially gain the required support at the level of 20000, pull from it, and jump. So, let’s observe what will happen next.Silver has approached the resistance at the level of 24.75 for the second time in a row but pulled back from this level and dropped. The asset might test the supporting level of 22.30 and jump anytime soon.Brent oil has touched the weekly downtrend denoted by the bold red line on the chart as well as the broken local uptrend. Currently, the price of oil is trying to pull from the crossing point of these trendlines and drop to the supporting level of 77.82.



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