Bitcoin Might Temporarily Head North

Bitcoin did not hit the supporting level of 13000+ just yet. The asset has repeatedly approached the level of 15625 and reversed back up. The key market players could be buying large amounts of Bitcoin now. Currently, Bitcoin is undergoing a correction, which might last until the asset will face resistance at the level of 18500. Bitcoin is likely to pull from this level and drop. Time will tell what is going to happen next.

Gold got back to the broken level of 1735.00, tested it, and formed the combination of a hammer and bullish engulfing at the end of the trading day. Gold is likely to jump and hit the level of 1820.00 next. Although the broken range is large enough and the price of gold might also hit the level of 1880.00 and face resistance.

The currency pair EUR/USD has pulled from the upper boundary of the local uptrend. So, this asset is on the rise for now. First, the currency pair might approach the resistance level of 1.0600 and the downtrend from the weekly timeframe drawn between the maximums from June 1, 2021, and February 10, 2022.

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