Bitcoin Forecast: Potential Price Rise Ahead?
The price of Bitcoin broke the resistance level of 49000 and the psychological level of 50000, jumped, and tested the level of 52000. In principle, the asset’s price might potentially rebound from the broken level of 49000 and rise again. It’s noteworthy that the price of Bitcoin could also dive below the level of 49000, form a bullish trap, drop, and gain the required support at the level of 45500. So, let’s observe what is going to happen next.
The price of silver is trying to form a white candle after rebounding from the supporting zone formed between levels 22.00 and 22.30 as well as the broken local downtrend. Currently, this asset is getting support from the weekly uptrend. All in all, the price of silver is likely to rise and face resistance at the level of 24.50 anytime soon.
The price of Apple stocks has reversed, dropped, and retested the supporting zone formed between the levels 180.50 and 182.50. It might potentially rebound from the supporting zone and test the level of 199.00 next. Time will tell whether it might happen.
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