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FX.co ★ BTC update for June 13,.2023 - Breakout of the triangle to the upisde

BTC update for June 13,.2023 - Breakout of the triangle to the upisde

Technical analysis:

BTC update for June 13,.2023 - Breakout of the triangle to the upisde

BTC has been trading upside this morning and I found breakout of the triangle pattern, which is good sign for the further upside movement.

Due to the strong mid and long term upside trend and the breakout of the triangle pattern, I see potential for the further upside movement towards next reference point.

Upside objective is set at the price of $27.300

MACD oscillator is showing upside reading, which is good sign for the further higher prices.

Key support is set at the price of $25.500

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