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BTC analysis for December 01,.2020 – Balancing mode on BTC and potential for the imbalanced regime
December 1, 2020 1:24 pmVideo
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Further Development
Analyzing the current trading chart of BTC, I found that the price is trading sideways at the important pivot level at $19,500.
My advice is to watch carefully the price action around key pivot at $19,500.
The downside movement and strong momentum can lead us for test of $17,500
The upside breakout of the the key pivot at $19,500 can lead us for test of $20,800.
Key Pivot: $19,500
The material has been provided by InstaForex Company – www.instaforex.com
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