BTC analysis for June 14,.2021 - Exhastion from buyers and potential for drop towards $36.000
Technical analysis:
BTC has been trading uspide but I see potential for the bigger drop. There is potential for the downside movement towards $36.000
Trading recommendation:
Watch for selling opportunities on the rallies with the next downside target at the price of $36.000.
I found the upside drifting pattern, which is BIG warning for the exhaustion from buyers and potential sell off...
Stochastic is showing overbought condition with potential for the downside rotation.
Petar Jacimovic
Analytical expert
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