Are You Excited To Know Today’s Bitcoin Technical Analysis?
Bitcoin prices suffered yet another dip in the prices on November 30, 04:00 UTC and the prices fell from $4,200 range to $3,800 range, which is a decline of almost 10% in a day. However, the prices are trying to recover since then.
Current price: $3974
Market Cap: $69.16 billion
Trade Volume: $6.00 billion
Bitcoin Price Analysis For 1 Day Trading
The uptrend for Bitcoin seems unavailable with the markets dipping down. The prices have recovered from the yesterday’s dip, but they still have recovered enough for an uptrend.
The downtrend for Bitcoin in the one-day timeframe for Bitcoin ranges from $9799 to $4245.
The support in the longer time frame, i.e., the one-day time frame can be seen at $3731.
Resistance points can be seen at $9799, $7360 to $6750. The rest of the chart massive dips and short recoveries.
Indicators You Should Consider
- Bollinger Band
The Bollinger Bands experienced a short squeeze and have since been on an…