Bitcoin Bulls Keep Pushing: Potential Price Rise Ahead

The price of Bitcoin has tested the level of 28500. However, Bitcoin didn’t manage to hit the key levels of 29000 and 30000. The asset’s price might still retest the broken downtrend, rebound, and target the resistance area formed between levels 29000 and 30000. So, let’s observe whether this scenario might work out.The price of Euro remains in the supporting zone formed between levels 1.0483 and 1.0530. Hence, should the asset’s price leave this zone, it might head north and rise to the level of 1.0765. The asset’s price might also drop, although the 50% Fibonacci retracement from the latest ascending move, that is, the level of 1.0400, is still important to watch.The price of copper is currently testing a very strong and important supporting level of 3.55. The price of the asset is likely to rebound from this level and jump into a downtrend. It might be wise to follow the price movements and candlestick formations. However, copper may also manage to break through this support and hit the level of 3.36 next. So, let’s see what the next move of this asset might be.The most recent market reviews can be found at https://www.tickmill.com/blogFollow us on X to catch up on recent news, trading ideas, and much more: www.twitter.com/Tickmill