FX.co ★ BTC update for June 08,.2023 - First upside objective reached, potentia lfor the further rally

Technical analysis:

BTC/USD has been trading sideways during the Asia session today and I see potential for the upside continuation.

Due to the mid-long term upside trends and the rejection of the support cluster, I see potential for the further upside movement towards upside references.

Upside objectives are set at the price of $27.350 and $28.450

MACD oscillator is showing neutral reading and potential for upside continuation..

Support cluster is set at the price of $25.800