FX.co ★ BTC update for April 13,.2023 - Potential for the upside continuation

Technical analysis:

BTC/USD has been trading sideways at the price of $30.000 after the breakout of the tight triangle pattern bu I see that like positive consolidation for the further higher prices.

Due to the strong upside cycle in the background and hold after the breakout, I see potential for the further growth.

Upside objectives are set at the price of $32.040 and $35.600

MACD oscillator is showing bullish reading, which is good sign for the further upside movement.

Short-term support is set at the price of $28.500