FX.co - BTC update for September 29, 2023

2023-09-29T08:13:13

Relevance until2023-09-30

Technical analysis:

BTC update for September 29, 2023 - Resistance on the test

BTC/USD has been trading sideways at the price of $27.130 an there is potential for the rejection or the breakout.

In case of the rejection of the key resistance at $27.450, there is the chance for the downside movement towards $26.150

In case of the upside breakout of the resistance at $27.450, there is the chance for the higher prices and test of $28.150

*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 29, 2023 - Resistance on the test