BTC analysis for June 22,.2021 - Sellers are in control and potential for the bigger drop towards $21.000
Technical analysis:
BTC has been trading downside as I expected. The price reached the first downside target at $30.000 and it is heading towards second target at $20.000.
Trading recommendation:
Watch for potential selling opportunities on the rallies with the downside targets at the price of $20.735.
Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.
Petar Jacimovic
Analytical expert
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