BTC is gaining momentum.
In the U.S. presidential election, there is a close battle of the century, and there is a view that funds are flowing into the virtual currency market as an inflation hedge due to the influence of uncertainty about the future and large-scale monetary easing as a measure against the new corona. It has spread.
BTC has recently been moving in an ascending parallel channel, with resistance at the upper limit of $14,600 on the alert. If resistance is expected, it will drop to around $14,100, but the buying there is expected to be strong.
If the price continues to rise, $15,300 may be recognized as the latest target point. This price range is a line that was conscious in the 2017 market price, and is likely to be the latest conscious point.
The presidential election is extremely confusing. I always have the consciousness that I do not know when a surprise will occur, and I want to challenge the market.
In the U.S. presidential election, there is a close battle of the century, and there is a view that funds are flowing into the virtual currency market as an inflation hedge due to the influence of uncertainty about the future and large-scale monetary easing as a measure against the new corona. It has spread.
BTC has recently been moving in an ascending parallel channel, with resistance at the upper limit of $14,600 on the alert. If resistance is expected, it will drop to around $14,100, but the buying there is expected to be strong.
If the price continues to rise, $15,300 may be recognized as the latest target point. This price range is a line that was conscious in the 2017 market price, and is likely to be the latest conscious point.
The presidential election is extremely confusing. I always have the consciousness that I do not know when a surprise will occur, and I want to challenge the market.
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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.
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.