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 upside as I expected and the price did breakout of the trading range, which is good sign for the further rise.
Due to the breakout of the trading range in the background, I see potential for the further upside movement.
Watch for buying opportunities on the dips with the upside objectives at the price of $24.330 and $25.000
MACD oscillator is showing bull reading, which is good sign for the further upside continuation.
Key support is set at the price of $23.400
Relevance up to 08:00 2023-01-31 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.
