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FX.co ★ BTC analysis for January 19,.2022 - Potential for the upside rotation

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Crypto Analysis:::2022-01-19T10:13:49

BTC analysis for January 19,.2022 - Potential for the upside rotation

Technical analysis:

BTC analysis for January 19,.2022 - Potential for the upside rotation

BTC has been trading sideways at the price of $41,500. I see potential for the upside rotation towards upper references.

Trading recommendation:

Due to fake breakout of the key support at the price of $41,300, I see potential for the upside rotation.

Watch for buying opportunities on the pullbacks in the next period with the upside targets at $42,460 and $43,465

Key support is set at the price of $41,200

Analyst InstaForex
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