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FX.co ★ BTC analysis for January 19,.2021 - Sideways market, watch for the breakout

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Crypto Analysis:::2021-01-19T12:38:55

BTC analysis for January 19,.2021 - Sideways market, watch for the breakout

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BTC analysis for January 19,.2021 - Sideways market, watch for the breakout

Analyzing the current trading chart of BTC I found that there is the basing process and that market is trading sideways.

Watch for the breakout to confirm further upside movement.

Upside breakout of resistance att $38,000 will lead the BTC towards $40,000 and $42,000

The downside breakout of support at $34,000 can lead BTC towards $30,380 and $27,610.

Analyst InstaForex
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