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FX.co ★ BTC analysis for September 22,.2021 - BTC has been trading downsidee and I see potential drop towards $38.000

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Crypto Analysis:::2021-09-22T11:56:49

BTC analysis for September 22,.2021 - BTC has been trading downsidee and I see potential drop towards $38.000

Technical analysis:

BTC analysis for September 22,.2021 - BTC has been trading downsidee and I see potential drop towards $38.000

BTC has been trading downside in past few days and I expect the downside trend to continue.

Trading recommendation:

Watch for selling opportunities on the rallies with the downside targets at $38,300 and $33,000.

Stochastic is showing negative reading and potential for more downside continuation.

Resistance is set at $51,200

Analyst InstaForex
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