FX.co ★ BTC analysis for April 30,.2021 - Strong upside pressure and potential test of $57.850

Further Development

Analyzing the current trading chart of BTC, I found that buyers are in control and that there is is more room for the upside continuation.

My advice is to watch for potential buying opportunities on the dips with the upside target at $57.885. The upside target is projection of the Fibonacci expansion.

MACD is bullish and Stochastic got the fresh new bull cross, which is good sign for further upside continuation.