FX.co ★ BTC analysis for May 20,.2021 - Key pivot set at $42.500

Technical analysis:

BTC has been trading upwards after the strong rejection of the strong support at $30.000. THe key pivot is now set at $42.500.

Trading recommendation:

The rejection from the $42.500 can be good sign for short setups and potential for test of $35.00The breakout of the $42.500 can be good sign for buying setups with the target at $46.840