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