From a technical perspective, we anticipate the price to make a small consolidation around the “lower degree support level” that we highlighted on the chart, before continuing its journey towards the .
On an optimistic note, the price can increase even higher and head towards the 14k psychological level, but we will remain cautious for now.
Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move