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Video: Bitcoin Price Analysis for December 2020 – Bitcoin Bull Run to Keep Going?

Summary:
In the present video, David Jones from Capital.com discusses the recent surge of bitcoin prices and speculates whether the rally is overdone and it is a good idea to sell bitcoin. The price has doubled over the past three months and reached a new all-time high. David discusses the rally and explains what fundamentals are affecting bitcoin. He then lists the major support and resistance levels. Next, he turns to charts and technical indicators, trying to guess where the price can go next. In the end, David decides to go with the trend, which is undoubtedly upward. He places a buy order in case the price goes even higher, counting on the upward trend to persist in the future. If you found this video useful and want to see more videos like this one or if you want to see a commodity trading

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In the present video, David Jones from Capital.com discusses the recent surge of bitcoin prices and speculates whether the rally is overdone and it is a good idea to sell bitcoin. The price has doubled over the past three months and reached a new all-time high. David discusses the rally and explains what fundamentals are affecting bitcoin. He then lists the major support and resistance levels. Next, he turns to charts and technical indicators, trying to guess where the price can go next. In the end, David decides to go with the trend, which is undoubtedly upward. He places a buy order in case the price goes even higher, counting on the upward trend to persist in the future.

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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