Bitcoin price (BTCUSD) forecast update - 12-09-2024

Brent oil price managed to breach the bearish channel’s resistance line and achieve the first positive target at 72.00$, waiting to breach this level to open the way to achieve additional positive targets that reach 73.80$ as a next main station, to keep the positive scenario active for today.

Crude oil price touched our first target at 68.55$ and finds solid resistance there, waiting to breach this level to confirm extending the correctional bullish wave and head towards 70.43$ as a next main target.

Silver price shows slight positive trades in attempt to resume the expected bullish trend for today, and the way is open to achieve our waited target at 29.30$, which breaching it represents the key to rally to achieve additional gains that extend to 30.06$, reminding you that the continuation of the bullish wave requires holding above 28.55$.