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Bitcoin is starting to look more and more interesting for beautiful moves


Good afternoon!

Bitcoin tested the 20,000 level and bounced off it, heading north. The coin may meet the first resistance for the current growth at the level of 22500, although with a successful breakdown of the horizontal, the prospect opens towards 25000:

Gold is returning to the support level of 1625 again, but now it is not worth talking about a clear rebound from the line. It will be important to look at the formation of candlestick patterns at this level, which will confirm a rebound or horizontal breakout, in order to find out the true intention of the price:

Bitcoin is starting to look more and more interesting for beautiful moves

Brent oil bounced off the 91.50 level and formed two small candles at the end of the week, thus indicating the formation of the flag. If the bullish scenario is implemented, we should expect the quotes of “black gold” in the resistance area of ​​100, although the level located above – 102.5 looks interesting:

Bitcoin is starting to look more and more interesting for beautiful moves

Oleg Svirgun, analyst at the brokerage company Tickmill

31/10/2022

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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