Bitcoin Bulls Seize the Initiative, but Bears are Ready to Strike
Bitcoin rebounded from the key supporting level of 25000 and jumped. However, the asset might have to face resistance at the level of 29000, rebound, and drop. The level of 30000 will also offer the resistance to overcome. So, let’s observe what might happen next.
Silver has formed the morning gap and broke the downtrend and psychological level of 25.00. The asset is trying to form the shooting star now, so this breakout is false. Hence, the asset’s price might potentially drop.
Brent oil broke the steep uptrend and underwent correction. Currently, the asset is testing the broken side of this uptrend. Brent oil is likely to rebound from the broken trend and target the level of 80 next.
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