Further Development

analytics602e61066caa8.jpg

Analyzing the current trading chart of BTC, I found that the buyers got exhausted in the recent days, which might be indication for the downsdie rotation.

Key Levels:

Resistance: $52,000

Support level: $48,000

The material has been provided by InstaForex Company – www.instaforex.com

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.