FX.co ★ BTC update for June 22,.2023 - Key pivot level at the price of $31.000 is on the test

Technical analysis:

BTC/USD has been trading as II expected and the price reached first upside objective at the $30.000. Anyway, this is key decision pivot and it is important to observe price action around key pivot in order to confirm further direction.

In case of the rejection of the $31.000, I see potential for the rotation down towards $28.235

In case of the breakout of the $31.000 and hold above, I see potential for the further growth towards the level $34.500