BTC analysis for March 08,.2021 - Rejection of the key resistance pivot at $51.700 and potential for the downside movement towrads $47.000

Further Development

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Analyzing the current trading chart of BTC, I found that BTC is testing major pivot resistance at the price of $51,700.

My advice is still to watch for selling opportunities with the downside targets at the price of $47,060 and $43,040.


Key Levels:

Resistance: $51,700

Support levels:$47,060 and $43,04



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Petar Jacimovic
Analytical expert
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