November 27
Bitcoin analysis
Bitcoin analysis Weekly time frame
In the weekly time frame, the general trend is upward, but the price is currently around a supply area, and there is a possibility of price correction until it is below the 40,000 price.
Bitcoin analysis Daily time frame
There will be a possibility of Bitcoin declining to lower areas due to the indecision in the candles and being in the supply area.
Bitcoin analysis 4-hour time frame
Considering the selling pressure created in the previous few candles and the 4-hour trend line breaking, there is a declining possibility to around 35640 (this scenario is suitable for oscillators).
In case of a descent and confirmation below the 35,640, Bitcoin can drop to lower areas.
Related Post
Global Gold Analysis (XAUUSD) (Will Gold Pull Back to The 2000 Channel)
Technical, fundamental, and sentimental analysis of global gold (XAUUSD) in Forex
most visited
