empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

27.07.202223:23 Forex Analysis & Reviews: BTC/USD: upside momentum

Bitcoin rallied after the FOMC and now it was traded at 22,930 at the time of writing. In the short term, BTC/USD was in a corrective phase after its strong rally. Now, the downside movement ended and it has developed a new leg higher.

Technically, it seems that we had only a temporary drop, BTC/USD could try to resume its swing higher started on June 18, 2022. The cryptocurrency increased by 11.66% from 20,700 yesterday's low to 23,112 today's high.

Bitcoin Towards 24,280!

Exchange Rates 27.07.2022 analysis

As you can see on the H1 chart, BTC/USD rallied without retesting the uptrend line. Now, it has managed to jump above the downtrend line and above the weekly pivot point of 22,544 which represented upside obstacles.

Stabilizing above these broken obstacles may signal further growth. Still, after its amazing rally, we cannot exclude a minor retreat or a sideways movement.

BTC/USD Prediction!

Consolidating above the weekly pivot point of 22,544 indicates a potential further growth toward the 24,280 former high. This scenario could help the buyers to jump in again.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Ralph Shedler,
Analytical expert of InstaSpot
© 2007-2026
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.