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FX.co ★ BTC update for June 23,.2023 - Potential for the breakout mode of the trading range

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Crypto Analysis:::2023-06-23T08:27:40

BTC update for June 23,.2023 - Potential for the breakout mode of the trading range

Technical analysis:

BTC update for June 23,.2023 - Potential for the breakout mode of the trading range

BTC/USD has been trading sideways at the price of $29.000 and I see potential for the breakout mode in the next period.

In case of the upside breakout of resistance at $30.700, I see potential for the further growth towards $34.000

In case of the downside breakout of the support level at $29.500, I see potential for the further drop towards $27.000

Analyst InstaForex
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