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19.04.202114:26 Forex Analysis & Reviews: BTC analysis for April 19,.2021 - First downside target reached at $50.000 but more potential for test of $43.000

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Further Development

Analyzing the current trading chart of BTC, I found that BTC reached my second target at the price of $50.500 with strong downside momentum.

My advice is still to watch for potential selling opportunities on the rallies.

Lately, I found the bear flag pattern in creation, which is good indication for further downside continuation.

Downside targets are set at the price of $50.500 and $43.000.

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