05.03.202114:40 Forex Analysis & Reviews: BTC analysis for March 05,.2021 - First downside target at the price of $47.150 has been reached. Next downside target is set at $43.000

Further Development

Exchange Rates 05.03.2021 analysis

Analyzing the current trading chart of BTC, I found that BTC reached my first downside target at the price of $47,150 and that is heading for the test of second target.

Key Levels:

Resistance: $48,700

Support level: $43,300

*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
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
Can't speak right now?
Ask your question in the chat.