FX.co - BTC update for June 26,.2023 - Potential for the breakout mode of the trading range

2023-06-26T19:20:48

Relevance until2023-06-27

Technical analysis:

BTC update for June 26,.2023 - Potential for the breakout mode of the trading range

BTC/USD has been trading sideways at the price of $30.084 and I see potential for the breakout mode in the next period.

In case of the upside breakout of the resistance at the price of $30.650, I see potential for the further growth towards $34.000

In case of the downside breakout of the support at the price of $29.600, I see potential for the further downside movement towards $27.250

*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 June 26,.2023 - Potential for the breakout mode of the trading range