Relevance up to 16:00 2021-02-10 UTC+3
Analyzing the current trading chart of BTC, I found that there is the upside breakout of the consolidation, which is strong sign for further upside.
My advice is to watch for buying opportunities on the pullbacks with the upside target at $19,000 (Fibonacci Expansion 100%).
Additionally, there is the breakout of the inside day formation, which is another sign of the upside continuation.
Support levels: $37,800
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaForex Group © 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.