Bitcoin Trend Analytics October 18
BTC is still challenging $19920.03, with upward forces. Taking hold of it for 24 hours will see a higher price level in the short term.
BTC has been running in a narrow range for a month. Now data is formulating a consolidation before a breakout.
A 3-day frame is between $21089.61-$19197.74.
Before taking hold of $19920.03, BTC is under pressure. Once it’s been taken, BTC will burst with upward strength and then consolidate until a breakout.
The market expected interest rate hike in November: 75bp(97.9%),50bp(2.1%)
BTC has been running in a narrow range for a month. Now data is formulating a consolidation before a breakout.
A 3-day frame is between $21089.61-$19197.74.
Before taking hold of $19920.03, BTC is under pressure. Once it’s been taken, BTC will burst with upward strength and then consolidate until a breakout.
The market expected interest rate hike in November: 75bp(97.9%),50bp(2.1%)
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