BTC update for July 13,.2023 - Potential for the breakout of the consolidation

Technical analysis:

BTC/USDhas been still trading sideways at the price of $30.400 and there is the chance for the breakout mode.

In case of the breakout of the resistance at the price of $31.450, there is potential for the rally towards $33.700 and $34.000

In case of the downside breakout of the support at $29.600, there is the chance for the further drop towards $28.360