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30.12.2021 02:46 PM
BTC analysis for December 30,.2021 - Key pivot level at $48.065

Technical analysis:

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BTC has been trading upside today but there is important resistance at the price of $48,063.

Trading recommendation:

Watch carefully price action around key pivot level at $48,063 to confirm further direction.

Upside breakout with good momentum can confirm further test of $48,960

Rejection of the key pivot at $48,063 can confirm downside rotation towards $45,920

Stochastic is showing bull condition but with fast line on the overbought condition.

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