FX.co - BTC analysis for February 11,.2021 - Resistance on the test and potential for the downside rotatio ntowards $43.765

2021-02-11T12:31:31

Relevance until2021-02-12

Further Development

BTC analysis for February 11,.2021 - Resistance on the test and potential for the downside rotatio ntowards $43.765

Analyzing the current trading chart of BTC, I found that the buyers got exhausted today and that they reacted upper Bollinger on the 1H time-frame.

Key Levels:

Resistance: $47,000

Support levels: $43,765

*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 February 11,.2021 - Resistance on the test and potential for the downside rotatio ntowards $43.765