Bitcoin / TetherUS

Bitcoin - November expectation

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In October 2020 Bitcoin (BTC) posted a new monthly all-time high, beating Dec 2017.

Since we've seen massive bull-runs before, it is entirely possible that BTC will keep on rising, but my expectation is as follows:

BTC will during November dip to 11,600-12,000 zone for additional liquidity and close the monthly candle around 13,500-14,000, and fly up in December.

There are many factors in play - such as the development of coronavirus situation worldwide, economic repercussions of the pandemic, November US presidential election, etc. so take any and all analysis with a grain of salt and trade the chart rather than the expectations.

For educational purposes only, not financial advice, don't risk what you can't afford to lose.

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