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FX.co ★ BTC analysis for February 18,.2021 - BTC is on the extended run and there is potential for the downside rotation

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Forex Analysis

2021-02-18T12:46:01
iconRelevance until2021-02-20

BTC analysis for February 18,.2021 - BTC is on the extended run and there is potential for the downside rotation

Further Development

BTC analysis for February 18,.2021 - BTC is on the extended run and there is potential for the downside rotation

Analyzing the current trading chart of BTC, I found that the buyers got exhausted in the recent days, which might be indication for the downsdie rotation.

Key Levels:

Resistance: $52,000

Support level: $48,000

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