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⭐️BTCUSD: forecast for Nov 29 - Dec 5

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BITSTAMP:BTCUSD   Bitcoin
➡️ The situation with Bitcoin at the moment, no matter how trite it sounds, has formed either up or down. On the chart, I plotted the main scenario for the next week's coin. The price is at a non-weak support, which is very likely to push the price up again. The trigger for purchases will be the closing of the price above the level of 55423.00$, that is, inside the balance, thereby a false breakout will be formed and prices, at least, will approach 59524.50$. This will be a small buy, which may later develop into a local uptrend. This means if the price fixes above 59524.50$, then the path is open to 70000$.

Of course, there is an option with a sell, when the price drops below the specified support area and there will be a significant drop. Therefore, there are specific entry points, they are different for each. In this forecast, I indicated the entry point for buying. Regarding sales, it will already be necessary to look at the situation. If, nevertheless, the price cannot push up, then the coin will fall down impulsively.

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