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FX.co ★ BTC analysis for February 22,.2021 - Strong downside movement due to overbought condition and potentia lfor test of $48.000

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Forex Analysis

2021-02-22T12:42:45
iconRelevance until2021-02-23

BTC analysis for February 22,.2021 - Strong downside movement due to overbought condition and potentia lfor test of $48.000

Further Development

BTC analysis for February 22,.2021 - Strong downside movement due to overbought condition and potentia lfor test of $48.000

Analyzing the current trading chart of BTC, I found that the buyers got exhausted today and the result was the the strong downside swing with increase in momentum, which is good sign for further downside movement.

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