FX.co ★ BTC update for November 09, 2023 - Buyers in control

Technical analysis:

BTC/USD has been trading upside after the breakout of the triangle pattern and I see potential for the upside continuation.

Due to the breakout of the triangle pattern and the resistance at $36.000, I see potential for the further upside movement towards next upside references.

Upside objectives are set at $38.000 and $39.000

RSI oscillator is showing reading above the 50, which is sign that upside trend is in progress.

Support level is set at $36.000