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 upside as I expected and the price is heading towards the main upside objective. I see potential for further growth due to the breakout of key supply trend-line in the background.
Due to the breakout of the supply trend-line in the background, I see potential for further growth towards the Pitchfork median line.
Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $21.400.
MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.
Key support is set at the price of $15.800
Relevance up to 08:00 2022-12-06 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.
