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FX.co ★ BTC analysis for April 23,.2021 - First downside target at the price of $49.000 has been reached. Next downside target set at $44.000

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Forex Analysis:::2021-04-23T11:21:39

BTC analysis for April 23,.2021 - First downside target at the price of $49.000 has been reached. Next downside target set at $44.000

Further Development

BTC analysis for April 23,.2021 - First downside target at the price of $49.000 has been reached. Next downside target set at $44.000

Analyzing the current trading chart of BTC, I found that BTC reached my first downside target from yesterday at the price of $49.000.

There is potential; for the upside correction but still see potential for the downside continuation towards $44.000..

Watch for the end of the upside correction for further downside opportunities with the downside target at $43.740.

Key Levels:

Resistance: $50.000Support levels: $43.740

Analyst InstaForex
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