Bitcoin Forecast: Potential Jump Ahead
Bitcoin is still undergoing correction. The asset has closely approached the supporting level of 25200. Bitcoin is likely to rebound from this level and jump. It might also break the support. So, it might be interesting to observe the price movements next to this level.
Silver has dived under the supporting level of 24.75, forming the cat’s ears or the double top. Should silver manage to get back to the broken neckline, it might potentially rebound and drop to the level of 22.40. So, let’s observe what might happen next.
American stock index S&P 500 broke the downtrend. Currently, the asset remains in the small range, and it has formed a diamond-like pattern. The index might break the diamond and hit the level of 4320. Time will tell if it is likely to happen.
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