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
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France’s Social Security Budget Passes by Narrow Margin, Raising Fiscal Risks for 2026
BTC/USD has been trading sideways at the price of $19.200. I see triangle pattern in creation and potential for the breakout mode.
Due to the sideways condition and triangle pattern in creation, I see potential for the breakout mode.
In case of the breakout of the resistance at the price of $20.170, watch for buying opportunities with the upside objective at the price of $22.400
In case of the downside breakout of the support at the price of $18.850, watch for selling opportunities with the downside objective at the price of $18.000
Relevance up to 08:00 2022-10-04 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.
