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FX.co ★ BTC analysis for October 06,.2021 - Completion of the ABC downside correction

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Crypto Analysis:::2021-10-06T12:13:54

BTC analysis for October 06,.2021 - Completion of the ABC downside correction

Technical analysis:

BTC analysis for October 06,.2021 - Completion of the ABC downside correction

BTC completed ABC downside correction and I see potential for further rally.

Trading recommendation:

Watch for buying opportunities with the next upside target at $52,760.

Short-term trend is bullish....

Stochastic look positive for further upside continuation.

Key support is set at $50,400

Analyst InstaForex
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