Bitcoin is on the Rise, Oil Might Drop
Bitcoin is on the rise. The asset is about to undergo correction soon. Bitcoin should gain the required support at the level of 23400, which is located next to the uptrend and broken bullish flag.
Gold has pulled from the downtrend, trying to drop. Gold is likely to pull back from the broken monthly downtrend denoted by the thick blue line on the chart.
Oil broke the level of 94.55 and might drop. Although oil might also jump and form the bearish trap. So, let’s wait and see what is going to happen on Monday as this is going to be an important day for oil.
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