AbInvestments

BTC WEEKLY ANALYSIS 11/10

BINANCE:BTCUSD   Bitcoin
Analysis:
Looking at the weekly chart, I would say it's too early to find an entry whilst price is still consolidating. Once we can see price breaking out of zone we can look for a retest confirmation.

To consider:
  • Overall history is very bullish.
  • Currently in bear market.
  • Crypto regulation nearing.
  • SMA crossing but no clear indication.
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