Return calm after Biden take place
Updated
BTC become bullish because of the uncertainty of US election result last week,
The rise is driven by market sentiment, but in the end it will return calm after Biden take place,
he will let the public feel more secure.
This will boost the U.S. dollar to a certain extent, and it will be inevitable for BTC to rise shortly.
In DMI indicator, APX is located in 60 area, which a high chance to turn down to make a small reversal,
also, we are located in a over brought area, i am expect BTC moving down near the EMA 144 area,
once we hit the small resistance zone which i showing on chart, below target @13000 for your reference,
, thanks very much , enjoy the day!!
The rise is driven by market sentiment, but in the end it will return calm after Biden take place,
he will let the public feel more secure.
This will boost the U.S. dollar to a certain extent, and it will be inevitable for BTC to rise shortly.
In DMI indicator, APX is located in 60 area, which a high chance to turn down to make a small reversal,
also, we are located in a over brought area, i am expect BTC moving down near the EMA 144 area,
once we hit the small resistance zone which i showing on chart, below target @13000 for your reference,
, thanks very much , enjoy the day!!
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