BTC analysis for February 07,.2022 - Pivot level at $43.000 on the test

Technical analysis:

BTCUSD has been trading upside towards the resistance at $43,000. The BTC is testing the key pivot at $43,000 and the price action around the key pivot will be key.

Trading recommendation:

In case of the upside breakout of the $43,000, watch for upside opportunities with the upside objective at the price of $44,400

In case of the rejection of the key pivot at $43,000, watch for potential downside opportunities towards $41,000