The forecast for the BTCUSD pair

The forecast for the BTCUSD pair

31 January 2022, 16:29
Vasilii Apostolidi
0
130

Good evening,

I present to you my forecast for the BTCUSD currency pair for February.

BTCUSD

The strong support level is at 35481 USD.

When breaking through this level, the bears will capture the trend and, perhaps, the next target will be 31840 USD, and then 30,000 USD.

If the bulls manage to gain a foothold at the level of 41091 USD, then perhaps bitcoin will return to bullish.

Then the following goals are possible here: 1) 46602 USD; 2) 56838 USD; 3) And recovery to 67000 USD.

In general, the cryptocurrency market may begin to recover in February 2022.

But do not forget that there are geopolitical risks in the world right now that can negate all forecasts.

P.S.: This forecast is provided for informational purposes only. 

If you want to start trading cryptocurrency, then register for trading here.


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