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Nov 23 Bitcoin Update BTC's price is in consolidation after | 🔸️ Bitcoin News

Nov 23 Bitcoin Update

BTC's price is in consolidation after hitting a new low at $15,476. Price bounced above $16,000 as sellers were a few in this market range. Positive tweets from Coinbase and Binance CEO also helped pump BTC above $16,000.

Resistance: BTC is facing resistance near $16,600 and $17,200.

Support: $16,300 is first quick support and 2nd $15,500.

Sentiment: Apart from the above support, $12,000-$14,000 is a range where many long term investors including bears are looking to buy.

EVENT: FOMC minutes will be release today at 14:00 ET which create volatility
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