P95G BTC Market Weekly Report — Week of 11/09/2020

BTC/USD hourly chart

The Bitcoin had a strong rally that brought the price to $15,888, after breaking above the $14,000 resistance. The price has since dipped to $15,000 and settled at $15,556. The volatility seems to remain high and the movement in the upcoming days may remain strong.

The current support level is at $15,000. If the BTC price continues to stay above $15,000, the market will potentially test the previous high near $15,900 and break above $16,000.

Disclaimer: The above market commentary is based on technical analysis using historical pricing data, and is for reference only. It does not serve as investment or trading advice.

P95G:The management team consists of seasoned professionals who worked in the brokerage service industry, with a background ranging from equity and derivative trading to operations, asset management, and information technology. P95G provides services to financial institutions and individual investors in buying and selling cryptocurrencies, fiat currency (US dollar) and cryptocurrency transfers, and OTC (over-the-counter) trading in large amounts.

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Point95 Global

Point95 Global

World’s Leading Digital Asset Management Company

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