FX.co - BTC update for March 30,.2022 - Potential for upside continuation

2022-03-30T12:57:39

Relevance until2022-03-31

Technical analysis:

BTC update for March 30,.2022 - Potential for upside continuation

BTC has been trading sideways at the price of $47.300. Anyway, I see potential for the upside continuation of the bull trend.

Due to the bull flag pattern in creation and upside cycle, I see potential for bullish movement.

Watch for potential buying opportunities on the pullbacks.

Upside objective is set at $51.500

Stochastic is showing bear reading.

Key support is set at $45.600

*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 update for March 30,.2022 - Potential for upside continuation