FX.co ★ BTC analysis for March 03,.2022 - Upside continuation in the play

Technical analysis:

BTC/USD has been trading upside this morning and I see potential for the further higher price. Potential for revisiting $45,000.

Trading recommendation:

Due to the breakout of the mini downside channel in the background and the upside trend in the backgammon I see potential for further upside movement.

Watch for buying opportunities on teh dips with the upside objective at $45,000

Key support level is set at the price of $43,000