FX.co ★ BTC analysis for January 07,.2021 - BTC is aproaching our first upside target at $19.530. Chance for test of $19.880

Further Development

Analyzing the current trading chart of BTC , I found that BTC reached my first target from yesterday at the price of $37,000 and is heading toward next upside targets at $40,370 and $42,000.

My advice is to watch for buying opportunities on the dips with targets at $40,370 and $42,000.

Momentum is strongly to the upside...

Key Levels:

Resistances: $40,370 and $42,000.

Support level: 34,500