Receive all Cointelegraph news immediately in Telegram.
US dollar price has a trend to strengthen, therefore, it can roll back the Bitcoin price to $350 and could give new steam to Bitcoin.
Daily Bitcoin price analysis by Albert Libenzon on CoinTelegraph. November 30, 2015.
Bitcoin Price, BTC/USD, Trading, Cryptocurrecncy market, Analytics
By the end of the last week the BTC/USD pair has shown a steady price growth. On November 26th, 2015, the bearish trend retreated under the pressure from Bitcoin buyers, and the BTC/USD pair is currently trading at the level of $376.
Given the statistics for November, the US dollar price tends to strengthen, therefore, it has the potential to roll the Bitcoin price back to $350. After that a new impetus is expected to push Bitcoin to around $380-$400.
To date, the support level for Bitcoin price is at around $340, while the resistance level is $400.
Follow us on Facebook
For updates and exclusive offers, enter your e-mail below.
One fine body…
Thank you for contacting us! We will reply to you as soon as possible.
Thank you for your interest in our franchise program.
We are considering your request and will contact you in due course. If you have any further queries, please contact:
Reset letter sent.
Please checkout your mailbox for password reset details