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Video: Bitcoin Price Analysis to End of 2020 – Can Bitcoin Reach $20,000?

Summary:
In the present video, David Jones from Capital.com discusses bitcoin prices at the end of 2020. He talks about the sharp rally that has brought bitcoin to the highest level in three years and explains the concept of price acceptance. Next, he shows the major support and resistance levels. David then shows charts and technical indicators, discussing various options traders can take. In the end, he adjusts his existing long positions, moving stop-loss levels to lock in part of the profit but keeping the positions open because he expects that prices can go higher. If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below. © Commodity Inspector for Commodity

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In the present video, David Jones from Capital.com discusses bitcoin prices at the end of 2020. He talks about the sharp rally that has brought bitcoin to the highest level in three years and explains the concept of price acceptance. Next, he shows the major support and resistance levels. David then shows charts and technical indicators, discussing various options traders can take. In the end, he adjusts his existing long positions, moving stop-loss levels to lock in part of the profit but keeping the positions open because he expects that prices can go higher.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.


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Vladimir Vyun
Vladimir is an online journalist with background in computer science and work experience in pension funds. He contributes news reports, fundamental analysis and sentiment forecasts to TopForexNews.com and CommodityBlog.com. His main specialization is the currencies of emerging economies and inter-market correlations with commodity and bond trading.

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