Bitcoin Trend Analytics October 14
BTC came out of the downward channel, yet not stable. It’ll cut through between the strong resistances above and the long-term support channel shaded with green.
Yesterday the released CPI data >8.1%, and BTC dropped as predicted. Later a large amount of speculative capital inflow pulled the price back, strengthening the support. Now BTC is in a fierce battle to challenge resistance. Bulls and bears- who wins the battle will gradually be clear until Nov.3rd.
The short-term center is $19112.05, between a range of $20672.10-$18080.69. If the crucial resistance at $21576.93 is reclaimed in 2-3 weeks, BTC will enjoy a major recovery, otherwise bears still takes control.
The market expected interest rate hike in November: 75bp(96.7%),50bp(3.7%)
Yesterday the released CPI data >8.1%, and BTC dropped as predicted. Later a large amount of speculative capital inflow pulled the price back, strengthening the support. Now BTC is in a fierce battle to challenge resistance. Bulls and bears- who wins the battle will gradually be clear until Nov.3rd.
The short-term center is $19112.05, between a range of $20672.10-$18080.69. If the crucial resistance at $21576.93 is reclaimed in 2-3 weeks, BTC will enjoy a major recovery, otherwise bears still takes control.
The market expected interest rate hike in November: 75bp(96.7%),50bp(3.7%)
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.