FX.co - BTC analysis for April 20,.2021 - Upside movement is expected towards the $57.800 and $60.150

Crypto Analysis:::2021-04-20T11:20:38

BTC analysis for April 20,.2021 - Upside movement is expected towards the $57.800 and $60.150

Further Development

BTC analysis for April 20,.2021 - Upside movement is expected towards the $57.800 and $60.150

Analyzing the current trading chart of BTC, I found that BTC is in the upside correction and that there is still space for further rally.

My advice is to watch for buying opportunities with the potential upside targets at $57.800 and $60.160.

Additionally, Stochastic got the fresh bull cross, which is another sign for the further upside movement.

Key support level is set at $53.500

Petar Jacimovic

Analyst InstaForex