Bitcoin New All Time High $32000 or Retracement $9650...?

29 Nov 2020

#BTCUSD TA Chart :-

#Bitcoin Currently trading at $18100

Now...?
Now Trading at resistance level and we can see now rejected from resistance level.
There are two resistance at $19100.

So I still watching at this point.

Here two scenarios:-

Scenario 1:- BTCUSD can go New all time high $32000 if we break $20000 level.
And this will very bullish for bitcoin.

Scenario 2:- Now rejected but still waiting for confirmations.
Now Down side we can expect $11950

Because still waiting for retracement.
But
Keep in mind year 2017 scenario BTC not any healthy retracement from $2000 to $20000

So be prepared for both situations.

Never gambling.

Support:- $15000/$11950
Resistance:- 119500/ATH

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