Bitcoin tested the bull flag upper line but was unable to break. We may see some movement on Monday when global markets open. If it closes its candle below the $16,800 support area, we will see a move toward a major support area.
We can see some volume by Monday's market opening. A breakout of this range will decide the next potential movement.
According to the current probabilities of the CME website, it is more likely that we will face a reduction in the interest rate for the first time in months, which can cause temporary upward movements in the market.
As the market opens, we will do some important analysis tomorrow.
We can see some volume by Monday's market opening. A breakout of this range will decide the next potential movement.
According to the current probabilities of the CME website, it is more likely that we will face a reduction in the interest rate for the first time in months, which can cause temporary upward movements in the market.
As the market opens, we will do some important analysis tomorrow.
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