jaynoel

BCT/USD hold down and moving up December 2020

Long
During 2020, BTCUSD price range 3500 - 19600 and provide huge gain compare to other instruments. ATH for almost 13 years happen in November 2020. I believe those performance is tremendous while bitcoin or cryptocurrency adoption significantly increase by institution, consumers, as well as regulatory framework .

Technically, refer to momentum analysis and price action, it seems BTC price likely to move down around to 15900 and then maintain this level before moving up on December 2020.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.