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21.04.202310:11 Forex Analysis & Reviews: BTC update for April 21,.2023 - Potential for the upside movement

Technical analysis:

Exchange Rates 21.04.2023 analysis

BTC/USD has been trading downside this morning but the key support cluster at the price of $27.850 is on the test.

Due to the tight downside channel in the background and the test of the key support cluster, I see potential for the upside movement.

Upside objective is set at the price of $29.200

Key support is set at the price of $27.800

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Petar Jacimovic,
Analytical expert of InstaSpot
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