BTC 1D Global picture

22 Nov 2020

If you believe Gann Box proportions, there is an important time period from 20 to 23 November, possibly a market reversal is forming.

The reversal format is still unknown, when the picture becomes clearer, we will publish it in the next ideas on smaller timeframes.

Now, it turns out that the next important point on the BTC chart will come in mid-January 2021 most likely in the range $11,000-11,300.

Another unknown factor is what the situation will be with the flow of capitalization from Bitcoin to Altcoins, since there is no fresh money on the market.
Will it be the same as in 2018, when BTC was falling, and alts were growing for another month. Whether it will be like in June-July 2019, when Bitcoin and altcoins were simultaneously falling. This should be closely monitored and wait for a hint.
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