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Bitcoin Price on November 20-27 and Beyond

Having broken the last week's resistance line of $8K, which can now be viewed as a trend channel, Bitcoin has rushed to the new peaks.

What happened

Having broken the last week’s resistance line of $8K, which can now be viewed as a trend channel, Bitcoin has rushed to the new peaks. Today, another historical maximum was renewed, slightly short of the expected $10K.

What’s next

Now there is a slight correction to around $9300 where you can think about buying. Then Bitcoin can go up again. If it breaks a psychological mark of $10K, then it has all chances to reach $12-13K for 1BTC.

Disclaimer

Our price analysis is for information purposes only. Please make the Bitcoin purchase and investment decisions independently at your own risk.

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