Bitcoin (BTC/USD) Daily Chart Analysis For November 8, 2021
Technical Analysis and Outlook:
Bitcoin has been moving upwards since Nov 6th by breaking out from a Mean Sup 60,990 accumulation line. The target is Key Res 65,990 is completed as of Nov 8th with an extension to an All-time high of 67,016 and Inner Coin Rally 70,150. Two buy zones stand as Mean Sup 60,990 and mean Sup 58,450.
Bitcoin has been moving upwards since Nov 6th by breaking out from a Mean Sup 60,990 accumulation line. The target is Key Res 65,990 is completed as of Nov 8th with an extension to an All-time high of 67,016 and Inner Coin Rally 70,150. Two buy zones stand as Mean Sup 60,990 and mean Sup 58,450.