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FX.co ★ BTC update for August 29,.2023 - Potential for the breakout mode

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Crypto Analysis:::2023-08-29T07:18:03

BTC update for August 29,.2023 - Potential for the breakout mode

Technical analysis:

BTC update for August 29,.2023 - Potential for the breakout mode

BTC/USD has been trading sideways at the price of $26.000. I see potential for the breakout mode...

In case of the breakout of the support cluster at $25.800, there is the potential for the drop towards lower reference at $24.600

In case of the rejection fo the support cluster at $25.800, there is the chance for the rotation back towards upside reference at $26.600

Analyst InstaForex
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