Bitcoin broke the level of 20500. Currently, the asset is testing this level, trying to form the engulfing. Bitcoin is heading up. The asset is likely to face resistance at the level of 22500, break it and target the level of 25500 next.American stock index S&P 500 has pulled from the downtrend and the level of 3900, which is also a 50% Fibonacci retracement level. Hence, it might potentially drop to the level of 3578 soon.Silver is targeting the upper boundary of the range, that is, the level of 20.90. Silver is likely to pull from this level and drop inside the range.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/bitcoin-is-on-the-rise-again"
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