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FX.co ★ BTC analysis for June 21,.2021 - Sellers in control and potential for the furthe drop towards $29.000

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Forex Analysis:::2021-06-21T14:06:28

BTC analysis for June 21,.2021 - Sellers in control and potential for the furthe drop towards $29.000

Technical analysis:

BTC analysis for June 21,.2021 - Sellers in control and potential for the furthe drop towards $29.000

BTC has been trading downwards as I expected. I still expect more downside with potential for test of $29.000 and $20.750.

Trading recommendation:

Watch for potential selling opportunities on the rallies with the downside targets at the price of $29.000 and $20.750.

Stochastic got fresh bear cross, which is another sign that sellers are still in control....

Analyst InstaForex
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