empty
 
 
21.11.2017 04:08 PM
BITCOIN Analysis for November 21, 2017

After an impulsive bullish move, the price has remained above $8,200 area, aiming for a retracement which was observed in the market recently. Bitcoin has shown some sharp bearish pressure recently which made the price fall towards $7,700 price level but as usual the price has regained the bullish momentum after bouncing off the Kumo Cloud support area and is currently residing above $8,200 price area. There are many talks about launching Bitcoin Options which can be labelled as rumors. However, if the event occurs Bitcoin is expected to gain more impulsive bullish momentum in the coming days. As of the current scenario, price is expected to correct itself a bit between the range of $8,000-$8,250 before breaking above it and making an impulsive move with target towards $9,000. As the price remains above the Kumo Cloud support and $7,500, the bullish bias is set to continue further.

This image is no longer relevant

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback