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BTC analysis for February 15,.2022 - Buyers in control

Technical analysis:


BTC/USD has been trading upside as I expected and the price is going towards mine first upside objective at $45,520.

Trading recommendation:

Due to good rejection of support at $41,000 and positive momentum today, I see potential for the upside movement.

Watch for buying opportunities on the pullbacks using intraday charts with the upside objectives at $45,520 and $48,250

Short-term trend is still upside, which is another confirmation for further upside continuation.

Key support is set at $41,000

Trading analysis offered by Complex Trader - a RobotFX partner.