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Monday

26 October 2020

Bitcoin Price Analysis: BTC Could Rally Further Above $11,500 | Live Bitcoin News

Bitcoin Price Analysis: BTC Could Rally Further Above $11,500 | Live Bitcoin News


smart summary beta

Bitcoin price is trading in a positive zone above the $11,240 pivot level against the US Dollar.

In the past few days, bitcoin price remained in a positive zone above the $11,000 resistance level against the US Dollar.

However, the bulls were able to protect the $11,300 support level and bitcoin stayed well above the 55 SMA (H4).

Looking at the chart, bitcoin price is clearly trading well above the $11,240 support and the 55 SMA (H4).

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bitcoin bitcoin price

$9106.76

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positive

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livebitcoinnews.com
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