A Daily Outlook: BTC/USD: Nov 24, 2021

Top 5 Headlines on Digital Currency:

  • The Republic of Palau wants to explore digital money, and chose Ripple as the best partner to work on a a government-backed USD-pegged stablecoin – Investing.
  • Bitcoin hits new all-time high in Turkey as fiat currency lira goes into freefall – Investing.
  • In Australia, crypto might soon become a part of the country’s financial system. Financial Services Minister Jane Hume supports cryptocurrency and wants Australia not to be left behind the innovation – Investing.
  • At the Bitcoin conference held in 2021, Nayib Bukele, the president of El Salvador, spoke about his intention to make crypto a legal tender in his country. In 2022, he will update the audience about the process of El Salvador adopting Bitcoin and how cryptocurrency is providing vast opportunities to the citizens – Investing.
  • The most recent addition to the Los Angeles Rams’ team roster – wide receiver Odell Beckham Jr. – tweeted on Monday that he will receive the remainder of his salary for the 2021-22 season in Bitcoin – Investing.

Technical View:

  • The enjoys roller coaster movement but remains well supported below $60,000 mark.
  • The pair made intraday high at $57,750 and low at $56,162 mark.
  • Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being.
  • A sustained close above $57,900 on H1 chart requires for the upside rally.
  • Alternatively, a consistent close below $55,900 will check further supports.

$55,900 $57,780
$55,610 $58,200
$55,080 $58,650
$54,780 $58,80
$54,400 $59,200

Take a look and do trade wisely!
Good Luck

Share on facebook
Share on linkedin
Share on twitter
Share on telegram
Share on whatsapp
Unleash Powerful Trading Conditions with TP Global.

Recent Posts



Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines.

Mail us

Drop mail at:

Contact us

Call or Whatsapp
+44 7441 416320

Risk Warning: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses because of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

TP Global FX Limited is registered and regulated by Vanuatu Finance Service Commission (VFSC) with a registration number 40409.

TP Global Limited is registered and regulated by FINANCIAL SERVICES COMMISSION (FSC) MAURITIUS with a registration number GB21026474

TP Global FX Limited is registered and regulated by Financial Services Commission, Mauritius with a registration number GB21026474

TP Global Fx Africa Limited is incorporated in Federal Republic of Nigeria under the Companies and Allied matters Act 1990 with registration number RC 1674202. The objects of the company are all subject matters not forbidden by Companies and Allied Matters Act 1990. To provide Electronic Platform through which clients can choose currencies, commodities, indexes, CFDs and other leveraged financial instruments to trade.

mappin at-sign phone close