Nov 10, 2019
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Bitcoin Technical Market Analysis 9th November 2019

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Bitcoin’s working week ended with a confident daily candle from sellers which was able to break through the price mark USD 9100-9300. It is the main price zone, where the fight continues for 12 days. Looking at the daily timeframe, it becomes clear that the buyers started a fight. But they were unable to conquer this price zone, which is of great importance on the Bitcoin chart.

After the test of USD 13700, the price repelled from the range of USD 9100-9300 several times. In such a way, buyers got a new chance to continue their growth. Therefore, after sellers regained control of this price zone, the initiative moved to them and still remains. Despite buyers’ latest attempt to change the situation.

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