Technical Analysis and Outlook
The Bitcoin / U.S. Dollar pair is currently trading inside a completed Outer Coin Dip marked at $17,715. The buyers are destined to defend the Key Support $17,170 level aggressively - Prevalent Buy Zone. Once the price action rebounds off this support/buy zone, it will designate a solid upcoming two-step rally. See 'Weekly Market Review & Analysis For December 7, 2020, page to continue the rest story.
The Bitcoin / U.S. Dollar pair is currently trading inside a completed Outer Coin Dip marked at $17,715. The buyers are destined to defend the Key Support $17,170 level aggressively - Prevalent Buy Zone. Once the price action rebounds off this support/buy zone, it will designate a solid upcoming two-step rally. See 'Weekly Market Review & Analysis For December 7, 2020, page to continue the rest story.