Technical Analysis
Bitcoins opens at $57K and goes up to around $60K and stable around $56K ~ $57K. The average transaction fee is $20.85 which is 5.74% decrease from 03-12-21. As I mentioned yesterday, Bitcoin touches $60K. If it stables around $58K ~ $60K, the next target is stable at $61K and hit $62K. All Time High has reached. My calculation on its value is $62K at some point which indicates that Bitcoin may continue correction in coming week. You can reference my method here. Despite the correction, Bitcoin is back at $60K zone and head it to $62K. Patience is the key!
I remain my floor price to $40K indicates the strong support and remain the ceiling price at $50K.
Bitcoin volatility is moving less volatile in yesterday. The market has reacted peak value at $58.6K but retreated to $43K which means the Bitcoin prepares for next milestone $60K at some time if continue stabling around $58K. It is fairly stable at this level around $47K. In the following sentence, .
Bitcoin decreases its correlation for Dollar that it becomes a offense position ??. The price may fluctuate more in the coming day with price toward mid-level. There may have medium risks in the coming day as the greed level goes down!
Bitcoin Value = $40k ~ $50k and my position is Long.
Here is a brief summary of what needs to be done in economic and market forecasts this week. Please let me know if you have any suggestions.Thank you for reading, see you tomorrow!
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It indicates that Bitcoin price will be stable with storing value.
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???? It means you will not make a decision and keep exploring opportunities ??? A healthy level of trading volume is evident at the moment, and the transaction fee has dropped.Bitcoin drops its correlation with the Dollar to the point where it becomes an offensive position ?? Neither am I paid for it nor am I reimbursed for it. and Neither am I paid for it nor am I reimbursed for it.
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The price of Bitcoin closed at USD$57K on November 14th and is now hovering around USD$56K.
Averaging $20.85 per transaction, this represents a 5.74% decrease from 03-12-21.
As I mentioned yesterday, Bitcoin has crossed the $60K mark.
If you keep it around $58K - $60K, your next targeted point is $102K and $62K.
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Coins are again trading around $62K after the correction, which has left Bitcoin at $60K. Averse means you can use as defense ???
Coins are again trading around $62K after the correction, which has left Bitcoin at $60K. Seeking means you can use as offense ??
Coins are again trading around $62K after the correction, which has left Bitcoin at $60K. Neutral means no decision made and continue seeking opportunities ???
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Around $47,000, the price is fairly stable. A healthy level of trading volume is evident at the moment, and the transaction fee has dropped.Bitcoin drops its correlation with the Dollar to the point where it becomes an offensive position ?? The following sentences are taken from . In the next day the price will fluctuate even more with the price to reach mid-level. This information is only for educational purposes.