FX.co - BTC analysis for December 28,.2020 - Major target at $28.000 reached.. Potential for another re-test of tthe $28.00 level...

28 December 2020 at 1:02PM (UTC+0)

Relevance until30 December 2020 at 1:02PM (UTC+0)

Further Development

BTC analysis for December 28,.2020 - Major target at $28.000 reached.. Potential for another re-test of tthe $28.00 level...

Analyzing the current trading chart of BTTC, I found that BTC reached our Friday's targets at the price of $24,176 and $26,500.

The strong up cycle is still active on the BTC and my advice is to watch for buying opportunities for the potential re-test of the $28,300.

Based on the 4H time-frame, I see potential bullish flag pattern in creation, which is good sign for continuation.

Key Levels:

Resistance: $28,300

Support level: $25,785

*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 December 28,.2020 - Major target at $28.000 reached.. Potential for another re-test of tthe $28.00 level...