FX.co - BTC analysis for March 17,.2021 - Sellers in control and potential for the downside movement towards $48.000

2021-03-17T12:05:20

Relevance until2021-03-18

Further Development

BTC analysis for March 17,.2021 - Sellers in control and potential for the downside movement towards $48.000

Analyzing the current trading chart of BTC, I found that there is potential for the another downside wave towards the levels at $52,000 and $48,720.

Key Levels:

Resistance: $57,000

Support level: $52,000 and $48,720.

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

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for March 17,.2021 - Sellers in control and potential for the downside movement towards $48.000