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BrazyInvestments
Nov 26, 2021 12:07 AM

BTC BREAKDOWN — Holiday Edition 

Bitcoin / U.S. dollarBitstamp

Description

It has been noted that Q4 has been the best time for Bitcoin gains. With the holiday seasons rolling in, we’re looking for another period of growth in the markets.

1. BTC is currently at a relevant level of support
2. It is also approaching a potential pivot point (around 58K) within the trend channel.
3. If BTC respects the support level, it should continue bullish towards TARGET 1 @ around 65K (previous resistance), then TARGET 2 @ around 69K (previous high).
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