BitCoin is not slowing down. The upward trend continues.

By Biznes-Broker | Cryptocurrency markets analysis | 19 Oct 2021

BTC

The king of cryptocurrencies confirms new local heights. It is a good signal of growth for us. When analyzing the volume of trading, it can be seen that investors have calmed down and smaller amounts of BTC are being bought. A warning signal for us will be the breaking of the level shown along with the large volume. When selling, the volume should be at least around 12k BTC on the Binance exchange. This will be indicative of a willingness to take a profit and a possible stronger correction to buy BTC at a cheaper price. If a large volume appears, but the price does not break the marked support, it means that someone is buying everything and is not letting the price fall lower.

btc

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Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.

Cryptocurrency markets analysis

Subjective view of the cryptocurrency market. Analyzes made on the basis of technical analysis used in financial markets. All analyzes are my view of the market. It is not recommended to make commercial decisions based on the information provided. You can check all my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/