Bitcoin’s Signal is Keeping Bulls and Bears on their Toes
Bitcoin has tested the psychological level of 30000. The asset has closely approached the key resistance level of 31000. Bitcoin might potentially rebound and drop. However, considering the recent abrupt price growth, the asset might also jump and break the level of 30000 instead. It would be interesting to follow the price movements next to this level to find out what is likely to happen next.
American stock index S&P500 rebounded from the broken uptrend. It might drop, gain the required support at the level of 4195, and jump again. So, let’s observe what the index might be up to.
The price of the currency pair EUR/USD has closely approached the resistance area formed between the levels 1.1000 and 1.1075. The asset is still likely to rebound from this resistance area inside the range.
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