FX.co - BTC update for September 14, 2023

2023-09-14T08:11:13

Relevance until2023-09-15

Technical analysis:

BTC update for September 14, 2023 - Resistance on the test

BTC/USD has been trading sideways at the price of $26.400 and there is potential for the rejection of resistance or breakout of the resistance.

In case of the rejection fo the resistance at $26.700, there is the chance for the downside rotation towards $25.500

In case of the upside breakout of the resistance, there is the chance for the rally towards $27.400

*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 14, 2023 - Resistance on the test