FX.co ★ BTC analysis for April 21,.2021 - Donwside continuation in play and potential for re-test of $50.640

Further Development

Analyzing the current trading chart of BTC, I found that BTC is in the bearish continuation phase and that there is potential for re-test of the $50.650.

My advice is to watch for selling opportunties on the rallies with the downside targets at $50.650 and $44.000.

Stochastic oscillator is showing fresh bear cross, which is good confirmation for further downside continuation.