Results of the outgoing week, will we close above $23,000?

Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅

The global scenario for bitcoin on the weekly timeframe is still unchanged, the price continues to be at the global upper resistance of $22,800-23050

The recent $23,800 hike was caused by volatility due to Tesla's report, and there was a statement from Elon Musk that he did not sell or buy bitcoin, this also caused a storm in the market. After that, the price returned to its usual range of $23,000-22,800

Briefly about the reports of large companies:

The reporting week continues, the reporting of large well-known companies is still ahead, there may be volatility in the stock and cryptocurrency markets.

Next week is also strong on the fundamentals.

Important events for the next week that can show the volatility in the markets:

2 February key rate results.
February 3 release of data on unemployment.

I think that these data can cause strong volatility in both the stock and cryptocurrency markets, until I make any forecasts, we'll see closer to the 2nd or 3rd day, it will be more clear what the Fed is aiming for...
BTCBTCPERPBTCUSDTdogeETHETHUSDTFundamental AnalysisTechnical IndicatorsTrend Analysis

Related publications

Disclaimer