FX.co ★ BTC update for March 31,.2022 - Bullish flag in creation

Technical analysis:

BTC has been trading sideways at the price of $47.200. Anyway, I see potential for the upside continuation towards the level at $52.000

Trading recommendation:

Due to bull flag pattern in creation in the upside trend, I see potential for the bullish continuation.

Watch for potential buying opportunities on the intraday dips.

Upside objective is set at the price of $52.000

MACD is showing positive reading, which is another sign that buyers are in control.

Key support is set at the price of $45.600