FX.co ★ BTC update for September 20, 2023 - Demand in control, potential for the further rally

Technical analysis:

BTC/USD has been trading upside in the background and I found series of the higher highs and higher lows, which is positive for the further upside movement.

Due to the breakout of the consolidation and hold above, I see potential for the further rally towards upside references.

Upside objectives are set at the price of $28.100 and $28.820

RSI oscillator is showing the demand is in control and potential for the further rally...

Support level is set at the price of $26.600