FX.co - BTC analysis for June 21,.2021 - Sellers in control and potential for the furthe drop towards $29.000

2021-06-21T14:06:28

Relevance until2021-06-26

Technical analysis:

BTC analysis for June 21,.2021 - Sellers in control and potential for the furthe drop towards $29.000

BTC has been trading downwards as I expected. I still expect more downside with potential for test of $29.000 and $20.750.

Trading recommendation:

Watch for potential selling opportunities on the rallies with the downside targets at the price of $29.000 and $20.750.

Stochastic got fresh bear cross, which is another sign that sellers are still in control....

*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 June 21,.2021 - Sellers in control and potential for the furthe drop towards $29.000