FX.co - BTC update for September 13, 2023 - Potential for the breakout mode

2023-09-13T07:30:00

Relevance until2023-09-14

Technical analysis:

BTC update for September 13, 2023 - Potential for the breakout mode

BTC/USD has been trading sideways at the price of $25.950 and I see chance for the breakout mode.

In case of the breakout of the resistance at the price of $26.40, there is the chance for the rally towards $27.400

In case of the downside breakout of the support at $25.000, there is the chance for the downside movement towards $24.000

*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 September 13, 2023 - Potential for the breakout mode