FX.co ★ BTC analysis for March 24,.2021 - Buyers in control and potetnial for test of $58.300

Further Development

Analyzing the current trading chart of BTC, I found that buyers are in control on the BTC and that there is potential for the $58.300 before any further selling.

My advice is to watch for buying opportunities on the dips intraday and target at $58.300

Additionally, there is the extreme reading on the Oscillator, which is sign that there is strong imbalance and potential for rotation in next period...