FX.co ★ BTC update for March 17,.2022 - Upisde continuation in play

Technical analysis:

BTC has been trading sideways today at the price of $40.800 but I see potential for the upside continuation due to breakout of tight consolidation in the background.

Trading recommendation:

Due to the breakout of the tight consolidation in the background, I see potential for further upside movement.

Watch for buying opportunities on the dips with the upside objectives at $42.300 and $45.125.

Key support is set at the price of $40.24