Bitcoin is still bullish but needs correction

November 29, 2018

The price confidently follows the scenario published earlier. At the moment, we are seeing good growth and the prospect of further upward movement. It is quite reasonable to expect a price of around 5,000 and maybe 6,000 in the near future. But there is some overbought and the market needs a small correction, after which it can move even more confidently. Support looks tight, in the case of a decline of about 4000, it should hold the pressure of the market.

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