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FX.co ★ BTC update for March 28,.2023 - Potential for the upside rotation

BTC update for March 28,.2023 - Potential for the upside rotation

Technical analysis:

BTC update for March 28,.2023 - Potential for the upside rotation

BTC/USD has been trading downside yesterday but I see that key support zone is on the test at $27.000.

Due to the test of key support zone and no bigger downside breakout, I see potential for the upside rotation towards upper extreme of the trading range.

Upside objective is set at $28.730

MACD oscillator is showing relatively slow momentum and no signs of the continuation.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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