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FXMAG COM>Articles>Cryptocurrencies>Bitcoin Began To Move...
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Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook

Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook

UK Wage Growth Slows Sharply, Paving the Way for Rate Cuts

UK Wage Growth Slows Sharply, Paving the Way for Rate Cuts

Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown

Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown

Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti

Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti

France’s Social Security Budget Passes by Narrow Margin, Raising Fiscal Risks for 2026

France’s Social Security Budget Passes by Narrow Margin, Raising Fiscal Risks for 2026

Bitcoin Began To Move Up Today, Does That Signifies A Shift In Trend?

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Bitcoin Began To Move Up Today, Does That Signifies A Shift In Trend?| FXMAG.COM
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Table of contents

  1. Technical analysis:
    1. Trading recommendation:

      Technical analysis:

      bitcoin began to move up today does that signifies a shift in trend grafika numer 1

      BTC has been trading upside today and I found breakout of the multi day range, which is good sign for further rally. I see potential fo the further rally.

      Trading recommendation:

      Due to the breakout of the multi day balance in the background, I see potential for further upside continuation.

      Watch for the potential buying opportunities on the dips with the upside objectives at the price of $21.200 and $22.565.

      MACD is showing positive reading, which is good sign that demand is in control....

      Key support s set at the price of $18.550

      Relevance up to 10:00 2022-09-28 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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