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BTCUSD is approaching support, potential bounce | 20 Jan 2021

By admin_mrketsIn ForexPosted January 20, 2021
BTCUSD is approaching support, potential bounce | 20 Jan 2021 for FX:BTCUSD by FXCM


BTCUSD is approaching support, potential bounce | 20 Jan 2021

Bitcoin/U.S. Dollar FX:BTCUSD
FXCM



Price is approaching our support in line with our ascending trend line and Fibonacci confluence levels where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well in line with our bullish bias.

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BTCUSD is approaching support, potential bounce | 20 Jan 2021

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