Market overview
WHAT HAPPENED?
Last week, Bitcoin finally broke out of its sideways movement, positioning accumulated volume into long positions. The new ATH of the first cryptocurrency has almost reached six figures.
WHAT WILL HAPPEN: OR NOT?
Currently, the main expectation is a retest of the maximum level - the nature of the breakout will show the further trend in the near term. With strong secondary defense, we could see a correction down to at least $92,000.
Buy zones: $92,000-$89,400 (accumulated volumes), ~$80,000 (volume anomaly), $77,000-$74,000 (major volume zone), $71,400-$70,800 (mirror volume zone), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
Potential resistance $100,000.
IMPORTANT DATES
Regarding macroeconomic news:
Tuesday at 18:00(GMT+3) US Consumer Confidence Index, US New Home Sales (Oct), FOMC Minutes publication.
Wednesday at 4:00(GMT+3) New Zealand Interest Rate Decision.
At 16:30(GMT+3) US Core PCE Price Index (Oct),
US GDP for Q3 this year, US Initial Jobless Claims.
At 18:00(GMT+3) Core PCE Price Index (Oct).
Thursday at 16:00(GMT+3) German Consumer Price Index
Friday at 13:00 Eurozone Consumer Price Index (Nov)
Saturday at 4:30(GMT+3) China Manufacturing PMI (Nov)
Last week, Bitcoin finally broke out of its sideways movement, positioning accumulated volume into long positions. The new ATH of the first cryptocurrency has almost reached six figures.
WHAT WILL HAPPEN: OR NOT?
Currently, the main expectation is a retest of the maximum level - the nature of the breakout will show the further trend in the near term. With strong secondary defense, we could see a correction down to at least $92,000.
Buy zones: $92,000-$89,400 (accumulated volumes), ~$80,000 (volume anomaly), $77,000-$74,000 (major volume zone), $71,400-$70,800 (mirror volume zone), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
Potential resistance $100,000.
IMPORTANT DATES
Regarding macroeconomic news:
Tuesday at 18:00(GMT+3) US Consumer Confidence Index, US New Home Sales (Oct), FOMC Minutes publication.
Wednesday at 4:00(GMT+3) New Zealand Interest Rate Decision.
At 16:30(GMT+3) US Core PCE Price Index (Oct),
US GDP for Q3 this year, US Initial Jobless Claims.
At 18:00(GMT+3) Core PCE Price Index (Oct).
Thursday at 16:00(GMT+3) German Consumer Price Index
Friday at 13:00 Eurozone Consumer Price Index (Nov)
Saturday at 4:30(GMT+3) China Manufacturing PMI (Nov)
Unlock your potential in trading
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.