FX.co ★ BTC analysis for November 13,.2020 - Bearish divergence on the daily time-frame

Further Development

Analyzing the current trading chart of BTC, I found that BTC is building bearish divergence on the daily time-frame, which is sign that buyers got exhausted and that there is potential downside rotation,

Watch for selling opportunities with the downside targets at $15,050 and at the price of $14,00

Resistance is set at $16,500

The trend is still bullish but we see early signs of the divergence...