Poland’s Strong Consumption and Investment Point to Robust Growth with Mild Inflation Outlook
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Germany’s Economy: Three Years of Stagnation With Only Limited Signs of Recovery
Commodities Move on Geopolitics and Weather as Oil Rises, Gas Falls, and Nickel Faces Supply Risks
USD Overvaluation Persists as Geopolitics Dominate and JPY Faces Intervention Risks
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.
