Monday, May 2, 2022

Bitcoin Likely to Hit the Key Levels Soon

Bitcoin is slowly approaching the supporting zone formed between the levels 36000 and 37000, and the broken downtrend. It seems that Bitcoin might pull back from the supporting zone and jump.Gold has pulled from the level of 1880.00. It is currently heading North. Now, gold might face the resistance at the level of 1975.00 away from which it might pull back and drop.The US stock index S&P500 has entered the supporting zone formed between the levels 4100 and 4150. The index is likely to pull back from the supporting levels and jump. Although the asset might also break the support, this is less likely to happen.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/bitcoin-likely-to-hit-the-key-levels-soon"
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