FX.co ★ BTC update for October 30, 2023 - Price in the trading range

Technical analysis:

BTC/USD has been trading sideways at the price of $34.340 and there is potential for the breakout mode.

In case of the breakout of the resistance at $35.200, there is the chance for the rally and growth towards $36.920

In case of the downside breakout of the support at $33.250, there is the potential for the further drop towards $32.185 and $30.700

RSI oscillator is showing neutral reading around 50 level, which is sign of the indecision.