BTC analysis for February 17,.2021 - BTC is on the extended run and there is potential for the downside rotation

Further Development

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Analyzing the current trading chart of BTC, I found thatBTC is trading higher but that is on the extended run, which is sign that buying is risky.


Key Levels:

Resistance: $51,700

Support level: $46,600.



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Petar Jacimovic
Analytical expert
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