Bitcoin Trading Flat, but not for Long
As we all know, Christmas and the holiday season make the market especially volatile. So, get ready for different unexpected and illogical market moves.
Bitcoin keeps moving in a very narrow range, trying to define the next move. The asset might potentially pull from the resistance at the level of 18350 next to the broken uptrend. So, let’s observe what will happen next.
Silver is approaching the resistance at the level of 24.75. The asset might potentially try to either pull back or break the level through. As silver seems to be heading up, it could break this level through. However, it would be wise to check the price movements or the candlestick formations next to this level.
The currency pair EUR/USD is forming a pennant after the breakout of the downtrend. It might signify a potential jump. Currently, the asset’s price is testing the level of 1.0600. The currency pair might gain the required support at this level and head up.
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