FX.co - BTC analysis for December 30,.2020 - First target at $28.400 reached and pottential for downside rotattion towards $27.500

30 December 2020 at 12:36PM (UTC+0)

Relevance until31 December 2020 at 12:36PM (UTC+0)

Further Development

BTC analysis for December 30,.2020 - First target at $28.400 reached and pottential for downside rotattion towards $27.500

Analyzing the current trading chart of BTC, I found that BTTC reached my major upside target from yesterday at the price of $28,400.

IT is very important to watch price action around key pivot at $28,400 in order to confirm further direction.

There is potential for the downside rotation towards support levels at $27,000 and $25,760.

Stochastic oscillator got the fresh bear cross, which is another sign for the potential downside rotation.....

*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 30,.2020 - First target at $28.400 reached and pottential for downside rotattion towards $27.500