FX.co ★ BTC analysis for November 02,.2020 - Watch for potential downside breakout towards $12.140

Further Developmen t

Analyzing the current trading chart of BTC, I found that BTC is ready for the potential downside movement and the breakout of the multi day balance based on the dailly time-frame.

Watch for selling opportunities if you see the breakout of the Friday's low at $13,100 with the downside target set at $12,850 and $12,140

Key Levels:

Resistance: $13,900

Support level: $12,140