BTC analysis for November 01,.2021 - Potential for the upside continuation

Technical Analysis:

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BTC has been trading flat in last few days at the price of $62,000 but I see today is the breakout day.


Trading recommendation:
Due to uptrend in the background and contraction in the last few days, I see potential for the upside continuation movement.

Watch for buying opportunities on the pullbacks with the upside objectives at the price of $63,540 and $66,600

Key support is set at the price of 59,500




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Petar Jacimovic
Analytical expert of InstaForex
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