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Bitcoin CME Futures
Short

Bitcoin tends to falter the day after Thanksgiving

104
The 124k target remains in play overall, but for now I suspect the shakeout from its 100k milestone has more to offer bears. And while bitcoin prices are showing a nice breakout from a flag pattern on the 1-hour chart, bulls should take note that today (the day after Thanksgiving) tends to be a bearish day on average. And that could make any moves towards 100k tempting for bears to fade into over the near term.

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Bitcoin (Cryptocurrency)bitcoinpredictionBTCbtc1Bitcoin FuturesbtctradeBTCUSDbtcusdanalysisbtcusdsignalsMultiple Time Frame AnalysisSupport and ResistanceTrend Analysis

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Bitcoin (Cryptocurrency)bitcoinpredictionBTCbtc1Bitcoin FuturesbtctradeBTCUSDbtcusdanalysisbtcusdsignalsMultiple Time Frame AnalysisSupport and ResistanceTrend Analysis
CityIndex
Broker
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.