FX.co ★ BTC update for June 19,.2023 - Pullback and potential for the upside continuation

Technical analysis:

BTC/USD has been trading upside on Friday and I found the breakout of the resistance area at $26.350, which is good sign that we might see upside movement.

Due to the mid and long term upside trends and potential completion of the pullback, I see potential for the further upside movement towards upside references.

Upside objective is set at the price of $27.300

MACD oscillator is showing neutral stance and potential for the downside movement...

Key support is set at the price of $25.000