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BTC Weekly Candle Analysis | 9-NOV-2020

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello Dear Traders,
Today Weekly candle of BTC is closed (Marked in White Upward Arrow) , This is 5th time BTC closed strong bullish in a row
This type of parabolic rally invites a dump ... BTC didnt corrected much in last 2-3 Weeks
I think this week or most probably next week will be a correction week for BTC ,
as we can see price correcting near 13300$ , In Bull market Healthy corrections are very important
to rise further.
The way BTC is rallying Up, in December we might test 20K Zone, Bt first we have to cross 16K strong resistance zone.

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Feragatname

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