Bitcoin Might Reach New Heights Soon

Bitcoin broke the level of 22500. Currently, it remains flat before the next jump. So far, this asset is likely to hit the level of 25000. Next, Bitcoin might pull back from this level and undergo a large-scale correction. The asset could potentially gain the required support at the level of 21000 and jump. The price of Bitcoin might also rise from the current point, considering the formation of a flag or a pennant signifying the continuation of the current trend. So, let’s observe what will happen next.

The currency pair EUR/USD has pulled back from the broken level of 1.0785. The asset might face resistance at the level of 1.1100. The price of this currency pair might jump at the beginning of next week.

American index S&P 500 has pulled from the broken level of 3920 and formed an engulfing at the end of the trading week. This signifies a potential price growth. Once the price of the index approaches the downtrend, it might either slow down a bit or reverse and pull back down. Only time will tell what is about to happen next.

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