empty
 
 

Forex Analysis & Reviews: Bitcoin continues to trade sideways in a new trading range.
time 25.11.2022 06:57 PM
time Relevance up to, 26.11.2022 06:57 PM

This image is no longer relevant

Green lines- Fibonacci retracement levels

After the FTX scandal and the sell off towards $15,500, Bitcoin has found some balance and is mostly moving sideways. The bulls are absent and there is not enough strength or a catalyst until now to bring bulls back in the game. Bitcoin remains vulnerable to another break down. Bitcoin is unable to bounce even higher than the 23.6% retracement level. Price is trading sideways for two weeks now creating a trading range between $15,500 and $16,900. Traders need to remain patient.

EURUSD
Euro vs US Dollar
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Start trade
Start trade

InstaForex分析评论将让您充分了解市场趋势! 作为InstaForex的客户,您将获得大量的免费服务以实现有效的交易。

赚取InstaForex的加密货币利率变化
下载MetaTrader 4并开始您的第一笔交易
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Bitcoin Cash in range as upside continuation pattern

BCH/USD is moving sideways in the short term signaling that it tries to accumulate more bullish energy before extending its growth. It's located at 134.56 and it seems determined

Ralph Shedler 19:08 2023-01-31 UTC+2

Bitcoin reversal signals on January 31st, 2023.

Bitcoin is trading around $23,064 after making a high at $23,950. In yesterday's analysis we warned Bitcoin bulls that price was vulnerable to a pull back below $20,000. Recent price

Alexandros Yfantis 15:01 2023-01-31 UTC+2

Bitcoin declines as sellers step up: is the bull trend coming to an end?

Bitcoin has been in an upward trend since early January, and during this period, the cryptocurrency managed to reach a local high of $24k. The asset made its final breakthrough

Artem Petrenko 12:10 2023-01-31 UTC+2

BTC update for January 31,.2023 - Watch for the breakout of the range

Technical analysis: BTC/USD has been trading sideways at the price of $22.900 and I see potential for the potential breakout play. Trading recommendation: In case of the upside breakout

Petar Jacimovic 09:48 2023-01-31 UTC+2

Technical Analysis of ETH/USD for January 31, 2023

Crypto Industry News: The English Premier League, known to all football fans, has established cooperation with Sorare, an issuer of digital trading cards and a gaming platform. The result

Sebastian Seliga 09:46 2023-01-31 UTC+2

Technical Analysis of BTC/USD for January 31, 2023

Crypto Industry News: Bitcoin (BTC) has been showing a strong price rebound since the beginning of the year, which also translates into the financial situation of miners. Well, during

Sebastian Seliga 09:45 2023-01-31 UTC+2

Mike Novogratz: Bitcoin will eventually reach $500,000, but not anytime soon.

Bitcoin is confidently moving to the level of $24,350 on the 4-hour TF. But as we are seeing now with the euro, there has been a pause in the upward

Paolo Greco 06:37 2023-01-31 UTC+2

Elliott wave analysis of Litecoin for January 31, 2023

Litecoin continues to push higher and we should soon see sub-wave iii/ of iii set in for a rally towards at least 104.96 and possibly even closer to 107.82

Torben Melsted 06:05 2023-01-31 UTC+2

Litecoin: uptrend intact, 91.14 turns into support

LTC/USD dropped in the short term but this could be a short-lived one. It's trading at 89.71 at the time of writing and it seems very heavy. Still, the rate

Ralph Shedler 22:08 2023-01-30 UTC+2

Bitcoin retestig buyers

Bitcoin dropped in the short term and now is located at 23,163 at the time of writing. After its strong rally, the rate could try to test and retest

Ralph Shedler 16:04 2023-01-30 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.