BTC short term

11 de out. de 2020

Considering current bitcoin position and its latest volumes on futures market I see a good probability for a correction to the latest consolidation level around 10950 mark. After reaching this point bitcoin might consolidate in in that range and fall back lower to stay in to test 10800 and maybe even if the market is bearish 10500 level. I do not see any potential to grow above 11000 short term though.