TradePlus-Fx

⭐️BTCUSD: forecast for Mar 21-Mar 27

Long
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BITSTAMP:BTCUSD   Bitcoin
➡️ Once again, the coin is trading above 40000$. In fact, in a fundamental aspect, it is not entirely clear why the cryptocurrency is trading above this level. Still not those favorable conditions for growth. Of course, there is positive news in the world of cryptocurrencies that support, especially Bitcoin. But at the moment, the geopolitical crisis still has a more decisive influence and at any moment can hit the price of this asset very hard.

Technically, the coin already has to grow. The large range in which the instrument is currently being traded is 34608.27$ - 45745.30$. Now the price is in a small upward channel, and it is expected to rise to 44452$, where the resistance line of the specified channel is approximately located. On the way to the target, of course, lies the level of 42608$, which can still reverse the price, so this should not be a surprise. It is extremely optimistic to consider the target at the level of 45745.30$.

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