FX.co ★ BTC update for April 05,.2023 - Test of the key resistance

Technical analysis:

BTC/USD has been trading upside but still inside of the defined trading range. There is potential for the downside rotation.

Due to the testing of the major resistance at $28.800, I see potential for the downside movement and rotation lower towards lower extreme of the trading range.

Downside objectives are set at the price of $27.155 and $26.600

Key intraday resistance is set a the price of $28.800