Bitcoin weekly Review:
Following the bullish pin bar seen during the past trading week ending 28th October, Bitcoin rose tremendously to the upper side and is still pretty much bullish on almost all the time frames. During this week, we expect a possible bullish price rally to the upper side but should not go beyond 8000.00. The anticipated bullish price rally is merely the continuation of the impulsive wave (5) to the upper side and may be extensive in nature. Thus, we’re only into buy positions at the moment. This cyrptocurrency should be traded alongside the others such as the Etherium and Litecoin.
We’re still long with an ultimate target above 8000.0.
Deutsche Bank Weekly Review
SPX500 Weekly review