FX.co ★ BTC analysis for December 29,.2020 - Potential upside continuation towards $28.400

Further Development

Analyzing the current trading chart of BTC, I found that there is potential for the upside continuation towards the $28,400.

Watch for potential buying opportunities on the dips with the the target at $28,400. I found that there is bull flag pattern in creation on the 4H time-frame, which is good indication for the upside continuation.

Support level is set at $25,760