Forex Analysis & Reviews: BTC analysis for December 01,.2020 - Balancing mode on BTC and potential for the imbalanced regime

Further Development

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Analyzing the current trading chart of BTC, I found that the price is trading sideways at the important pivot level at $19,500.

My advice is to watch carefully the price action around key pivot at $19,500.

The downside movement and strong momentum can lead us for test of $17,500

The upside breakout of the the key pivot at $19,500 can lead us for test of $20,800.

Key Pivot: $19,500


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Performed by Petar Jacimovic
Analytical expert
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