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
Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown
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
BTC/USD has been trading sideways at the price of $20.960. I see potential for the further rise towards the upside resistance zone.
Due to the rising trend line in the background and rejection of the support zone in the background, I see potential for the further rise.
Watch for the potential buying opportunities with the upside objective at $21.570.
Stochastic Oscillator is showing oversold condition and potential for the fresh bull cross.
Key support is set at the price of $20.700
Relevance up to 09:00 2023-01-21 UTC+1 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.
