FX.co ★ BTC analysis for January 11,.2021 - Potetnial for the another downside swing towards $28.000

Further Development

Analyzing the current trading chart of BTC, I found that sellers are in control today and that there is potential for the further downside movement.after the rally...

My advice is to watch for selling opportunities on the rallies with the potential targets at $30,365 and $28,100.

Stochastic oscillator is showing potential bull cross, which is sign for the up cycle.

Key Lvels:

Resistance levels: $36,000

Support level: $30,700