Crypto BitCoin BTC/USD ($20,000 will be a Hard Level)

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Updated View on BitCoin BTC/USD (6 Dec 2020)

BitCoin Has gain some bullish momentum in the recent weeks but it has somehow slowed down.

We are expecting 20K will hold as a strong resistant for now it is being stalled near parabolic region.

I am expecting some possible weakness in the near term.

Let's see.



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ملاحظة

Follow our analysis on the potential weakness of BTC.
I reckon it is making a pullback/profit taking due the lack of news.

It may drift lower for now, but do careful as well.
$18,000 will be a decent support.

Let's see.

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ملاحظة

Updated View on BitCoin BTC/USD (11 Dec 2020)

The parabolic phase is over for now.
Buckle up Dorothy. Kansas is going bye-bye.

BitCoin is trying hard to go back down after strong rise in the recent week.

It is better to stand aside if you want to buy in.

I expect it can swing to $17,000 level if the recent level of 417,600 is broken.

Let's see.