Bitcoin Forecast: Potential Drop Ahead

Bitcoin has pulled from the resistance at the level of 18500 and dropped. The asset is likely to drop to the level of 15625, gain the required support, and head up. So, let’s observe what is going to happen next.

American stock index S&P 500 broke the short-term uptrend and horizontal level of 3935. This asset might either pull back to the broken trend or dive even deeper to hit the broken level of 3935 and drop.

Silver has touched the uptrend and formed a hammer at the end of Friday. The asset is likely to hit the level of 24.75 next.

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