FX.co - BTC update for April 24,.2023 - Potential for the upside movement

2023-04-24T08:07:53

Relevance until2023-04-25

Technical analysis:

BTC update for April 24,.2023 - Potential for the upside movement

BTC/USD has been trading downside but the key support at the price of $27.450 is on the test.

In case of the market rejection of the key support , there is potential for the upside objectives.

Upside objectives are set at the price of $27.890 and $28.300

In case of the downside breakout of the support at $27.200, there is the chance for the further downside movement towards $26.700

Key intraday support zone is set at the price of $27.200

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

Analytical expert

Petar Jacimovic

FX.co ★ BTC update for April 24,.2023 - Potential for the upside movement