Bitcoin Daily Technicals 21 November 2022
There were no significant changes in the price action of Bitcoin during the weekend.
Yesterday, during CME market opening Bitcoin sinked below $16,605 and the daily candle printed a red doji candle.
There is a weakness in the daily chart of BTCUSD and, most likely, in the coming days it will test $13,930.93-$15,485 region.
I will be interested in the price action of Bitcoin in this region.
A strong rejection will push BTCUSD towards $18,251-$18,820 region.
Above $18,820, we will see more strength in Bitcoin.
So far, the BTCUSD daily candle is a bearish doji candle.
The US stock market will continue to lead Bitcoin today.
We are in the weakly transition period and I expect more volatility coming from the US stock market opening.
Yesterday, during CME market opening Bitcoin sinked below $16,605 and the daily candle printed a red doji candle.
There is a weakness in the daily chart of BTCUSD and, most likely, in the coming days it will test $13,930.93-$15,485 region.
I will be interested in the price action of Bitcoin in this region.
A strong rejection will push BTCUSD towards $18,251-$18,820 region.
Above $18,820, we will see more strength in Bitcoin.
So far, the BTCUSD daily candle is a bearish doji candle.
The US stock market will continue to lead Bitcoin today.
We are in the weakly transition period and I expect more volatility coming from the US stock market opening.
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