FX.co ★ BTC analysis for August 10,.2020 - Upside target from last week reached at the price of $12.100. Another sideways base in creation and potential for the breakout

Further Development

Analyzing the current trading chart, I found that BTC reached our upside objective from last week and tested the level at $12,100

The upside breakout of $12,130 may lead the BTC to test $12,500

The downside breakout of support at $11,400 may lead the BTC to drop towards $10,650