After the slight rise, Bitcoin is undergoing a correction, forming a pattern resembling a flag. The price of Bitcoin is testing the local support at the level of 20750 away from which it might jump again.Brent oil has pulled from the psychological level of 100 and is heading up. Once the oil has reached the level of 120 and the downtrend, it might drop.The EUR/USD pair broke the supporting level of 1.0350, therefore this level might offer some resistance. Hence, getting back to this level, the asset’s price might pull and drop again.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/bitcoin-forecast-potential-jump-ahead-11-07-2022"
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