FX.co ★ BTC analysis for November 03,.2020 - Watch for the breakout of the balance to confirm further direction

Further Development

Analyzing the current trading chart of BTC, I found that the prior to the elections in US BTC is trading flat in past few days, which is indication of the blanced market regime.

The breakout of resistance at the price of $13,860 can lead gold for test of $14,900

The breakout of support at $12,875 can lead gold for test of $12,065

Key Levels:

Resistance: 13,860

Support levels: $12,875