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Bitcoin and silver are stubbornly looking north

Good afternoon

Bitcoin has approached the ascending channel line, while trying to close the day with absorption. A potential advance is being formed towards the resistance level of 25500, which can potentially be broken during growth. Here it is interesting to observe the behavior of the price below the level:

Silver approached the strong horizontal support at 20.87 (upper broken side of the range) and formed a bullish engulfing. The base scenario for the medium term is a potential increase towards the level of 24.75:

Bitcoin and silver are stubbornly looking north

Brent crude has been in a range for a couple of weeks in a row, breaking through downtrend after downtrend. Now the price is actively rebounding from the broken weekly downtrend, so the quotes have all the prerequisites for active growth:

Bitcoin and silver are stubbornly looking north

Oleg Svirgun, analyst at the brokerage company Tickmill


My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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