🐝 BTC MONTHLY UPDATE
So, we have the following situation — Bitcoin can easily form a bearish divergence on a monthly chart if the candle closes above the $16400 level.
There are two possible options:
1. We use the rest of November to pump as high as possible, then divergence will be formed and December would be bearish for Bitcoin that will correct after such a sharp growth
2. The price stays below $16400 - $17000 zone by the end of the month, then December would be bullish and Bitcoin will grow with almost no correction during the whole month
There are two possible options:
1. We use the rest of November to pump as high as possible, then divergence will be formed and December would be bearish for Bitcoin that will correct after such a sharp growth
2. The price stays below $16400 - $17000 zone by the end of the month, then December would be bullish and Bitcoin will grow with almost no correction during the whole month
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Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com
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