FX.co ★ BTC analysis for December 27,.2021 - Key level at the $51.820

Technical analysis:

BTC has been trading sideways today at the price of $51,000 and I see potential for another test of $51,820.

Trading recommendation:

Watch carefully for the price action around the the key pivot at the price of $51,820 to confirm further direction.

Further confirmation for the upside movement can be if the price breaks level at $51,820. If that is the case, watch for buying opportunities with upside objective at $53,483

Rejection of the key pivot at $51,820 can led price towards low at $49,870