FX.co ★ BTC update for July 14,.2023 - Key resistance cluster on the test

Technical analysis:

BTC/USD has been trading upside in the background but I found rejection of the key resistance cluster at the price of $31.600. BTC is still trading inside of the well defined trading range.

Rejection of the resistance at the price of $31.600 may confirm further downside movement towards support $30.100

Breakout and hold above the resistance pivot at $31.810 can be a good sign for the further rally towards $34.000