FX.co - BTC analysis for October 22,.2020 - Third upside target at the price of $12.460 has been reached. Potential for further rally towards $13.835

22 October 2020 at 11:28AM (UTC+0)

Relevance until24 October 2020 at 11:28AM (UTC+0)

BTC analysis for October 22,.2020 - Third upside target at the price of $12.460 has been reached. Potential for further rally towards $13.835

Further Development

BTC analysis for October 22,.2020 - Third upside target at the price of $12.460 has been reached. Potential for further rally towards $13.835

Analyzing the current trading chart of BTCUSD, I found that the buyers are in control and tthat price reached our third upside target from yesterday at $12,460.

I still see strong bullish conduit and potential for test of $13,830.

Watch for buying opportunities on the dips wit hthe target at $13,835

Key Levels:

Resistance: $13,225, $13,833

Support level:$12,200

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

#Crypto-currencies #USD #Bitcoin #Bitcoin Cash #BTCUSD #BCHUSD

Analytical expert

Petar Jacimovic

InstaFintech Group @ 2007-2025

FX.co ★ BTC analysis for October 22,.2020 - Third upside target at the price of $12.460 has been reached. Potential for further rally towards $13.835

Forex Analysis

BTC analysis for October 22,.2020 - Third upside target at the price of $12.460 has been reached. Potential for further rally towards $13.835