BTC/USDT – EXPECTED TO HIT LOWEST PRICE IN DECEMBER

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BTC/USDT weekly forecast: We found that BTC has broke the previous support level of 7854.25 to 6790.00 (-13.55%), which tells us that market interest will be in bearish mode until mid of December. Next target will be at support zone of 5131.30 to 6000.01 (868.71), where it is recommended for traders to buy BTC at this level.

However, we predict that BTC/USDT will retest the previous price level of 7854.25 before continuing being bearish and the price will continue bearish until mid of December. This would be the recommended time to sell BTC at resistance level.

Bitcoin’s price is going down? Remember everyone, after the FUD, news trading and manipulation clears out, we still have a global movement that’s going to change the world. We will see 10k btc again and welcome 100k. Crypto is unstoppable. Crypto is the future.
—Charles Hoskinson, Founder of Cardano (ADA)

Therefore, as BTC’s price is rolling down, the price of other coins that are against BTC will start to rise. Following would be the list of coins we find interesting and would suggest to buy:

ETH/BTC

Entry Level : ( Buy at Support || Sell at Resistance )

Support level : 0.019292

Resistance Level 1 : 0.021411
Resistance Level 2 : 0.021796


XRP/BTC

Entry Level : ( Buy at Support || Sell at Resistance )

Support level : 0.00002900

Resistance Level : 0.00003400


LINK/BTC

Entry Level : ( Buy at Support || Sell at Resistance )

Support level : 0.00030756

Resistance level : 0.00036280


MATIC/BTC

Entry Level : ( Buy at Support || Sell at Resistance )

Support level : 0.00000194

Resistance level : 0.00000224





Risk Warning : Cryptocurrency investment is subjected to high risk market . All the analysis given is for the purpose of opinion only, it is not required to follow all the analysis. Techcryption is not responsible for any direct, indirect or consequential losses as a result of trading competition. Please make your investment with caution.

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