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FX.co ★ BTC analysis for November 03,.2021 - Potential for the upside continuation

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Crypto Analysis:::2021-11-03T12:19:37

BTC analysis for November 03,.2021 - Potential for the upside continuation

Technical analysis:

BTC analysis for November 03,.2021 - Potential for the upside continuation

BTC has been trading upside yesterday and there is strong breakout in the background. I see further rally on BTCUSD.

Trading recommendation:

Due to strong upside breakout I see potential for the upside continuation.

Watch for buying opportunities with the upside target at $66,600.

Bollinger bands are contracting, which is good sign to watch for the breakout.

Key support is set $62,400

Analyst InstaForex
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