FX.co ★ BTC analysis for March 16,.2021 - Sellers in control and potential for the downside movement towards $47.250

Further Development

Analyzing the current trading chart of BTC, I found that sellers are in control as I expected yesterday. The selling opportunities are still preferable under this condition.

Key Levels:

Resistance: $61,000

Support levels: $52,240 and $47,265