Bitcoin remains well supported on dips

2023年11月17日

Bitcoin rose nicely after clearing 30k figure, putting in a high at 38k, which is a 27% rise in a very short time.
After touching this figure, though, the main crypto fell strongly twice.
However, looking closely at price action we can see that BtcUsd is very well bid on dips and bulls still hold the upper hand.
Although I'm not very optimistic in the long term and I don't think we are going to a new ATH (moon, whatever), at this moment I expect a continuation to the upside and we could break 38k and test 40.