28.07.202220:59 Forex Analysis & Reviews: Bitcoin to hit 24,280 key level as expected

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

The BTC/USD extended its growth after trying to retest the broken resistance levels. You knew from my previous analysis that the price of bitcoin could climb towards 24,280. It has increased by 16.50% from Tuesday's low of 20,700 to 24,114 today's high.

In the last 24 hours, Bitcoin is up by 8.48% and by 3.79% in the last 7 days. As you already know, BTC/USD's rally helped the altcoins to grow as well.

BTC/USD Strong Buyers!

BTC/USD failed to retest the weekly pivot point of 22,544 signaling strong buyers and a potential upside continuation. Now, it was almost to reach the 24,280 level which represents an upside obstacle.

It remain to see how it will react to this resistance, the buyers could be exhausted after the current rally. Technically, the bias remains bullish after failing to retest the uptrend line and after escaping from the down-channel pattern.

BTC/USD

A new higher high activates further growth and could help the buyers to jump in again. The 25,401 key level is seen as the first upside target.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Zarábajte na zmenách kurzu kryptomien s InstaForexom.

Stiahnite si MetaTrader 4 a otvorte svoju prvú obchodnú pozíciu.