BTC analysis for March 25,.2021 - Strong selling pressure and potential for test of $47.500

Further Development

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Analyzing the current trading chart of BTC, I found that sellers entered stronlgy on the last rally as I warned yesterday, I still see downside movement towards $47.500.My advice is to watch for selling opportunities on the rallies with the downside target at the price of $47.500.I see no any sign of reversal, which is another indication for the further downside continuation.


Key Levels:

Resistance: $53.150

Support level: $47.500



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Petar Jacimovic
Analytical expert
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