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08.04.202108:56 Forex Analysis & Reviews: BTC analysis for April 08,.2021 - Sellers in control and potential for the downside movement towards $50.750

Further Development

Exchange Rates 08.04.2021 analysis

Analyzing the current trading chart of BTC, I found that sellers are in control as I expected in my previous analysis.

I still expect lower price on BTC and potential test of the downside targets at $55.000 and $50.8000.

BTC is testing the previous swing low at $57.000, which is now acting like resistance....

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Petar Jacimovic,
Analytical expert
InstaForex Group © 2007-2021
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