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FX.co ★ BTC analysis for January 14,.2022 - Downside breakout of consolidation

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Crypto Analysis:::2022-01-14T13:28:16

BTC analysis for January 14,.2022 - Downside breakout of consolidation

Technical analysis:

BTC analysis for January 14,.2022 - Downside breakout of consolidation

BTC has been trading downside today and I see potential for further downside continuation.

Trading recommendation:

Due to the breakout consolidation to the downside, I see potential for further downside continuation.

Watch for selling opportunities on the rallies with the downside objectives at $41,575 and $40,150

Key resistance is set at $42,900

Analyst InstaForex
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