Pro Analysis

29 Oct 2022 06:54

BTC UPDATE:- BTC is going good so far after breaking out from the descending triangle in the daily time frame. Currently, it is facing some resistance at $20.8k in the LTF. Once it breaks and close above $20.8k level, we might see a rally up to $22k-$22.5k level.
For maintaining this bullish momentum, BTC needs to hold above $19.8k-$20.2k level. Any close below $19.8k will be bad for BTC.

There are lot's of events line up in the first week of November like FOMC, CPI, US Elections and many more so we might see a huge volatility in the market. Stay cautious and act accordingly, We will keep updating you.

Stay tuned and pin our channel at the top.