FX.co - BTC analysis for January 07,.2021 - BTC is aproaching our first upside target at $19.530. Chance for test of $19.880

7 January 2021 at 2:00PM (UTC+0)

Relevance until8 January 2021 at 2:00PM (UTC+0)

BTC analysis for January 07,.2021 - BTC is aproaching our first upside target at $19.530. Chance for test of $19.880

Further Development

BTC analysis for January 07,.2021 - BTC is aproaching our first upside target at $19.530. Chance for test of $19.880

Analyzing the current trading chart of BTC , I found that BTC reached my first target from yesterday at the price of $37,000 and is heading toward next upside targets at $40,370 and $42,000.

My advice is to watch for buying opportunities on the dips with targets at $40,370 and $42,000.

Momentum is strongly to the upside...

Key Levels:

Resistances: $40,370 and $42,000.

Support level: 34,500

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

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

Analytical expert

Petar Jacimovic

InstaFintech Group @ 2007-2025

FX.co ★ BTC analysis for January 07,.2021 - BTC is aproaching our first upside target at $19.530. Chance for test of $19.880

Forex Analysis

BTC analysis for January 07,.2021 - BTC is aproaching our first upside target at $19.530. Chance for test of $19.880