⭐️BTCUSD: forecast for Oct 18 - Oct 24
➡️ BTCUSD is trading at 61000. Technical analysis indicates a bullish trend for the instrument. As part of the Bitcoin exchange rate forecast, a rollback is expected and a test of the level of 57832. No one excludes a price approach to 55832 and even to 52966 (the latter is unlikely). In any case, it is better looking to BUY from these levels, and not regard it as a surrender of buyers. The purpose of this movement is the area near the level of ~ 65000.
Cancellation of the option to continue the growth of the Bitcoin exchange rate will be a breakdown of the area of the level of 50000 (in general, this is the price area of 52966 - 50476). This will already indicate a change in the current trend in favor of the bearish for BTCUSD. And as you can see from history, under such circumstances, one should expect an accelerated fall in the cryptocurrency.
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Cancellation of the option to continue the growth of the Bitcoin exchange rate will be a breakdown of the area of the level of 50000 (in general, this is the price area of 52966 - 50476). This will already indicate a change in the current trend in favor of the bearish for BTCUSD. And as you can see from history, under such circumstances, one should expect an accelerated fall in the cryptocurrency.
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