FX.co - BTC analysis for February 26,.2021 - First downside target at the price of $45.500 has been reached. Second target set at $42.000

2021-02-26T13:35:33

Relevance until2021-02-28

BTC analysis for February 26,.2021 - First downside target at the price of $45.500 has been reached. Second target set at $42.000

Further Development

BTC analysis for February 26,.2021 - First downside target at the price of $45.500 has been reached. Second target set at $42.000

Analyzing the current trading chart of BTC, I found BTC reached my first downside target at the price of $45,300 but that there is still downside pressure and potentia lfor next downside targets.

Key Levels:

Resistance: $48,000

Support levels: $42,00 and $40,550.

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

#Crypto-currencies #Bitcoin #Bitcoin Cash

Analytical expert

Petar Jacimovic

InstaFintech Group @ 2007-2024

FX.co ★ BTC analysis for February 26,.2021 - First downside target at the price of $45.500 has been reached. Second target set at $42.000

Forex Analysis

BTC analysis for February 26,.2021 - First downside target at the price of $45.500 has been reached. Second target set at $42.000