FX.co ★ BTC analysis for March 09,.2021 - Potential completion of the ABC upside correction and downside continuation

Further Development

Analyzing the current trading chart BTC, I found that the buyers got exhausted today and the downside rotation would be probably to correct strong upside movement from this morning.

BTCis getting closer to main pivot at the price of $55,000, which can be good area for selling opportunities.

Key Levels:

Resistance: $55,000

Support levels: $50,000 and $46,325..