BTC analysis for April 08,.2021 - Sellers in control and potential for the downside movement towards $50.750

Further Development

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Analyzing the current trading chart of BTC, I found that sellers are in control as I expected in my previous analysis.

I still expect lower price on BTC and potential test of the downside targets at $55.000 and $50.8000.

BTC is testing the previous swing low at $57.000, which is now acting like resistance.




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Petar Jacimovic
Analytical expert
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