Bitcoin (BTC/USD) Daily Chart Analysis For November 13, 2021
Technical Analysis and Outlook:
Bitcoin has completed our Inner Coin Rally 65,990, as we have newly developed Key Res 67,530 target to be revisited following takedown to Mean Sup 60,990, along with the Inner Coin Rally 70,190, and an all-time high of 69,000 marks.
Bitcoin has completed our Inner Coin Rally 65,990, as we have newly developed Key Res 67,530 target to be revisited following takedown to Mean Sup 60,990, along with the Inner Coin Rally 70,190, and an all-time high of 69,000 marks.
The Bitcoin downtrend is completed - leg down as "Cross-Check Targets" to Mean Sup 60,990 and Mean Sup 58,450: The buying opportunity is filled. The resurgence to retest Mean Res 65,450, Key Res 67,530, and follow through to Inner Coin Rally 70,190 mark is expected.