BTC - Technical review and analysis

Well, according to the idea we put on December 11th, we said that if the heavy resistance of the $17,450 resistance range is broken, Bitcoin will go to its higher resistances. Higher resistances are $18,000, $18,259, and $18,500. Currently, Bitcoin has broken the $17,450 resistance range and touched the $18,000 resistance with a strong upward movement. If it stabilizes above the $18,500 range, it will rush to the higher resistances we will mention. For now, we have to wait until this price stabilization.

Commento:

Due to the economic news from Wednesday to Friday, we can expect one of the most volatile weeks in the last days of 2022. It is highly recommended to have low trading volumes. It leverages as well as loss limits in the futures market so that you do not experience severe losses in case of extreme fluctuations because there is still the possibility of any unpredictable movement in the market.

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