Technical analysis:
BTC/USD has been trading sideways at the price of $23.000, I see potential for the breakout play in the next period.
Trading recommendation:
Due to the strong upside trend in the background, watch for potential breakout of the resistance zone at $23.300 to confirm further upside continuation.
Upside objective is set at the price of $24.000.
MACD Oscillator is showing upside reading, which is good sign that buyers are in control.
Key support is set at the price of$22.500