FX.co ★ BTC update for December 07,.2022 - Test of the gap support

Technical analysis:

BTC/USD has been trading downside towards the price of $16.800. Anyway, I see strong gap zone on the test, which can be zone for the buyers to join.

Trading recommendation:

Due to the test of the gap zone, I see potential for the upside continuation.

Watch for the potential buying opportunities with the upside objective at the price of $17.000.

Key support is set at the price of $16.700-$16.500