FX.co - BTC analysis for June 25,.2021 - Completion of the ABC upside correction and potential for the drop towards $29.425

2021-06-25T11:34:07

Relevance until2021-06-27

Technical analysis:

BTC analysis for June 25,.2021 - Completion of the ABC upside correction and potential for the drop towards $29.425

BTChas been trading downside and there is potential for the end of the upside correction....

Trading recommendation:

Watch for potential selling opportunities with the downside targets at $32.230 and $29.450.

Stochastic is showing overbought condition and fresh bear cross, which is another sign and confirmation for the 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 June 25,.2021 - Completion of the ABC upside correction and potential for the drop towards $29.425