FX.co ★ BTC analysis for January 26,.2021 - Broken Mini Pitchfork channel and potential for downside movement $28.855

Further Development

Analyzing the current trading chart of BTC, I found that the sellers are in control today and there is the breakout of the Mini Pitchfork channel, which is good indication for the further downside.

Watch for selling opportunities on the rallies wit the downside target at the price of $28,855.

Key Levels:

Resistance: $34,800

Support level: $28,855