FX.co - BTC update for September 19, 2023 - Potential for the breakout mode

2023-09-19T08:24:09

Relevance until2023-09-20

Technical analysis:

BTC update for September 19, 2023 - Potential for the breakout mode

BTC/USD has been trading sideways at the price of $26.900 but I see potential for the breakout mode.

In case of the brekaout of resistance at $26.950, there is the chance for the rally towards $27.435

In case of the breakout of the support at $26.650, there is the chance for the drop towards $25.715

*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 19, 2023 - Potential for the breakout mode