Bitcoin and Silver are on the Rise
Bitcoin is undergoing a correction, approaching the supporting level of 21500. The asset might gain the required support, pull back, and head up. Also, the price of Bitcoin broke the local uptrend. Hence, once the asset’s price has approached the broken uptrend, it might drop. So, let’s observe what will happen next.
Silver has pulled from the supporting level of 20.87 and jumped late last Friday. The asset is now on the rise, and nothing is likely to stop it.
The price of the American stock index S&P 500 jumped at the end of the trading week and then dived back in behind the broken downtrend. The asset is likely to target the level of 4200 next.
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