FX.co ★ BTC update for September 06, 2023 - Potential for the breakout mode

Technical analysis:

BTC/USD has been trading sideways at the price of $25.800 and I see potential for the breakout mode.

In case of the downside breakout of the support zone at $25.400, I see potential for the further drop towards lower references at $24.800 and $24.000

In case of the upside breakout of the resistance at the price of $26.300, I see potential for the further rally towards upside references at $27.600 and $28.200