possible Bitcoin price movement for the nearest week
Updated
Today we will consider the possible BTCUSDT price movement for the coming days/weeks.
After all, if a pattern of reversal and trend change is forming now, it is important to understand where the safe buying zones are.
If we talk about the Bitcoin price, then you can try to buy it if you see sharp buybacks from the liquidity zone of $15800-16000.
If sellers do not manage to lower the BTCUSD price below $16135 at all, it will be a super strong signal to buy, because it means that sellers are weak and buyers are aggressive.
Well, then buyers can start to drive the BTCUSDT price up, and break the stops of shorts. Each break of the shorts' stops can only accelerate growth because aggressive closing of the shorts is a buy order on the market price.
So buyers can very quickly drive the BTCUSDT price into the liquidity zone of $19-20k even before the end of November.
If you are interested in our global view on the possible future of the BTC price, we invite you to watch:
Speaking about altcoins, you should start buying them when BTC sellers confirm their strength. Also, in our opinion, you should first all pay attention and buy altcoins that have stopped updating the lows of 2022, for example, such as XRP
In the comments, share the altcoins you think are strong and worthy of attention and purchase. And we, in turn, will analyze some of them next week and will publish them here.
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Did you like our analysis? Leave a comment, like, and follow to get more
After all, if a pattern of reversal and trend change is forming now, it is important to understand where the safe buying zones are.
If we talk about the Bitcoin price, then you can try to buy it if you see sharp buybacks from the liquidity zone of $15800-16000.
If sellers do not manage to lower the BTCUSD price below $16135 at all, it will be a super strong signal to buy, because it means that sellers are weak and buyers are aggressive.
Well, then buyers can start to drive the BTCUSDT price up, and break the stops of shorts. Each break of the shorts' stops can only accelerate growth because aggressive closing of the shorts is a buy order on the market price.
So buyers can very quickly drive the BTCUSDT price into the liquidity zone of $19-20k even before the end of November.
If you are interested in our global view on the possible future of the BTC price, we invite you to watch:
Speaking about altcoins, you should start buying them when BTC sellers confirm their strength. Also, in our opinion, you should first all pay attention and buy altcoins that have stopped updating the lows of 2022, for example, such as XRP
In the comments, share the altcoins you think are strong and worthy of attention and purchase. And we, in turn, will analyze some of them next week and will publish them here.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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The BTC price hit a critical level of about $18000. Harmonious and understandable movement of the BTCUSDT price +15% in 2 weeks.Continue here:
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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