November 17, Bitcoin has risen in price against the US dollar by 0.48%
On Wednesday, November 17, Bitcoin rose in price against the US dollar by 0.48%, to $ 60344. The price is 48 hours in the $ 58350-60850 price range. Buyers are struggling to keep their defenses around the 60K psychological level amid a general weakening dollar. There is no other news, so market participants expect any trigger for a move of at least 5%.
The current flat is similar in wave structure to the flat on November 10-15. The only difference is in the duration of the formation. Now it is being formed 2 times faster. If Bitcoin sales resume at the transition of the day, the sellers will try to finish off the buyers and lower the rate to $ 55 thousand - 56 thousand.
On Thursday, the dollar is correcting on all fronts. The value of the dollar index fell to 95.65 from an annual high of 96.27. If the 95.60 level fails, buyers in the BTC/USD pair will have the opportunity to test the $ 61,100 resistance zone.
Posted Using LeoFinance Beta
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