BTC analysis for March 23,.2021 - First downside target has been reached at the price of $53.000. Potential for test of next downside target at $48.750

Further Development

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Analyzing the current trading chart of BTC, I found that sellers are in control today as I expected yesterday and that BTC reached our first yesterday's target at $53,000.

My advice is still to watch for selling opportunities on the rallies with the next downside target at the price of $48,750.


Key Levels:

Resistance: $58,000

Support level: $48,750




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Petar Jacimovic
Analytical expert
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