FX.co ★ BTC update for December 23,.2022 - Potential for the upside breakout

Technical analysis:

BTC/USD has been trading sideways at the price of $16.830. Anyway, I see potential for the breakout play.

Trading recommendation:

In case of the upside breakout of the key resistance at the price of $16.920, watch for buying opportunities with the upside objective at the price of $17.300

There is fake breakout of the support in the background, which is another good sign for the further rally.