Trading expert sets Bitcoin price for the weekend; Should you follow suit?
Bitcoin (BTC) broke out of its all-time high on November 6, currently consolidating above that level before its next move. In the meantime, a cryptocurrency trading expert has set his BTC price targets for the weekend, aiming at higher levels. The trader is CrypNuevo an Spanish analyst who has showed high accuracy and good win rate with his trades and signals. Finbold has covered plenty of CrypNuevo ’s analyses, which help retail traders and investors to navigate Bitcoin’s volatile price action. In particular, CrypNuevo ’s believes Bitcoin could short-squeeze to $77,000 and $77,500 at one point during the weekend. This is due to accumulated liquidations from short positions between these levels, making a magnet for BTC price. Picks for you Why the cryptocurrency market is the ‘biggest winner’ of U.S. elections