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24.02.202115:00 Forex Analysis & Reviews: BTC analysis for February 24,.2021 - Potential for another downside wave towards $45.000

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Further Development

Exchange Rates 24.02.2021 analysis

Analyzing the current trading chart of BTC, I found that the buyers don't have enough power for bigger absorption and that selling pressure is still around the corner.

My advice is to watch for selling opportunities using the itnraday charts....

Petar Jacimovic
Analytical expert of InstaForex
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