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Bitcoin, like the Eurodollar, without slowing down, is looking at new peaks?


Good afternoon!

Bitcoin broke through the level of 22500 and took a short pause before further growth. So far, the growth potential is seen to the level of 25,000, from which a large-scale correction may occur. The baseline scenario is a correction to the support level of 21000 followed by a bounce up or an increase in the coin from current prices, taking into account the formation of a flag or a pennant, as a continuation of the current trend:

The EUR/USD currency pair rebounded beautifully from the previously broken level of 1.0785 and is now gathering strength to test the resistance around the level of 1.1100. When the market opens, there is still a significant potential for the growth of quotations upwards:

Bitcoin, like the Eurodollar, without slowing down, is looking at new peaks?

The S&P500 index bounced off the broken level of 3920, closing Friday with absorption – a direct signal for a potential growth in quotations. It is worth noting that there is a downtrend on the way of the index growth, which can slow down or completely reverse the emerging upward movement. But the intention of prices is known only when approaching the specified technical line:

Bitcoin, like the Eurodollar, without slowing down, is looking at new peaks?

23/01/2023

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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