Bitcoin (BTCUSD) analysis and forecast UPDATE 2019-11-10
Every week we look at the markets and give you our assessment. Let’s look at the current Bitcoin chart.
The graph shows the weekly chart of BTCUSD in correlation to Bitcoin to USD Currency Ratio.
The main price trend is SHORT.For this week our indicators show a SHORT setting, so the Bitcoin price will probably move lower this week than closing price last week. The gray line shows the Exponential Moving Average (EMA 50). It can be either support or price resistance.
You can get trading signals for a long or a short entry by signing our trading alert service.Please check analysta market forecast table for latest Bitcoin updates.
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