Monday, September 12, 2022

Bitcoin Is on the Rise: What’s Next?

Having touched the local bottom at the supporting level of 19000, Bitcoin has pulled back and approached the resistance at the level of 22000. The asset is likely to pull from the level of 22000 and drop to the supporting level of 20000. After that, Bitcoin might try to head up again. So, let’s wait and see what is going to happen next.Silver is heading up. The asset might have to face resistance at the level of 20.70, pull back, and drop. Therefore, it might stay flat.The currency pair USD/CAD has pulled from the upper boundary of the range and dropped. The asset might gain the required support in the zone formed between the levels 1.2450 and 1.2520 and jump.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/bitcoin-is-on-the-rise-whats-next"
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