FX.co - BTC analysis for June 16,.2020 - Resistance at the price of $9.500 on the test. Watch for the downside rotation towards the $8.880

2020-06-16T12:42:11

Relevance until2020-06-18

BTC analysis for June 16,.2020 - Resistance at the price of $9.500 on the test. Watch for the downside rotation towards the $8.880

Corona virus summary:

BTC analysis for June 16,.2020 - Resistance at the price of $9.500 on the test. Watch for the downside rotation towards the $8.880

Askar Zhumagaliyev, Kazakhstan's Digital Development, Innovation, and Aerospace Industry Minister, made this known whileaddressing the Senate in a June 11 plenary session.

Technical analysis:

BTC is trading at the resistance at $9,500. I see potential for the downside rotation towards the $8,880 and $8,725.

Trading recommendation:

Resistance is set at the price of $9,500

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

#Crypto-currencies #Bitcoin #BTCUSD

Analytical expert

Petar Jacimovic

InstaFintech Group @ 2007-2025

FX.co ★ BTC analysis for June 16,.2020 - Resistance at the price of $9.500 on the test. Watch for the downside rotation towards the $8.880

Forex Analysis

BTC analysis for June 16,.2020 - Resistance at the price of $9.500 on the test. Watch for the downside rotation towards the $8.880