#BitCoin Fell Now Watch These Important Levels To Watch

Nov 28, 2020

Traders, Truth is Bitcoin has been in a parabolic move but it is no there any more. that Parabolic move is now broken. Everything comes to an end. The move has come to an end and now it is time for a correction. The fall was an initial reaction and not a correction as per-se. For a healthy correction and for it move to new heights, it needs to stay at the corrected levels for some time, consolidate and then move upwards or downwards.

There are huge arguments on what could happen with the bitcoin. When an instrument starts to move in one direction new figures, estimates, arguments, analysis and claims start to fly. Social media and main stream media start to cover that and largely speak in the direction of the move after the fact. This is because they do not want to get it wrong to save their reputations. So trust your judgement and analysis. Always think alternatively.

So these are the levels that you should be watching on BTCUSD.


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-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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