Bitcoin has tested the resistance area formed between the levels 30000 and 31000 and reversed to undergo correction and drop. The asset is likely to drop and gain the required support at the level of 25200.
Oil keeps filling the formed gap, approaching the broken downtrend. The price of the asset might potentially pull back from the level of 80. So, let’s wait and see what is about to happen next.
Silver has pulled from the broken upper boundary of the range, that is, the level of 24.75, trying to form a hammer at the end of the trading day. Silver might target the level of 27.50 next.
Source: Tickmill