Bitcoin (BTC) Long Term Price Forecast- November 24

2018-11-24 08:05

BTC/USD Long-term Trend: Bearish

Resistance levels: $7,200, $7,400, $7,600
Support levels: $4,300, $4,100, $3,900

The price of Bitcoin had been bearish in the last three weeks of November 2018. On November 1, the BTC price has an opening balance of $6,362.99. On November 24, the BTC was trading at $ 4,368.18. On November 14, the price of Bitcoin had a bearish breakout that sinks the digital currency to its lowest ebb. The bulls had not been able to pull back as the price is still under the bearish trend zone.

On November 24, the price of Bitcoin was trading at $4,446.70 as at the time of writing. The digital currency has reached the oversold region of the market. It is not clear when the bulls will take control of the market. Meanwhile, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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november btc price bitcoin levels bearish opening

Источник: bitcoinexchangeguide.com

november btc → Результатов: 116


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