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FX.co ★ BTC update for November 01, 2023 - Price in the trading range

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Forex Analysis

2023-11-01T09:11:49
iconRelevance until2023-11-02

BTC update for November 01, 2023 - Price in the trading range

Technical analysis:

BTC update for November 01, 2023 - Price in the trading range

BTC/USD has been trading sideways already for a few days around the price $34.400. There is potential for the breakout mode in near future.

In case of the breakout of the resistance at $35.200, there is the chance for the further growth towards $37.000-$38.000

In case of the downside breakout of the support at $33.200, there is the chance for the drop towards $32.174-$30.700

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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