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06.09.2023 09:33 AM
BTC update for September 06, 2023 - Potential for the breakout mode

Technical analysis:

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BTC/USD has been trading sideways at the price of $25.800 and I see potential for the breakout mode.

In case of the downside breakout of the support zone at $25.400, I see potential for the further drop towards lower references at $24.800 and $24.000

In case of the upside breakout of the resistance at the price of $26.300, I see potential for the further rally towards upside references at $27.600 and $28.200

Summary
Urgency
Analytic
Petar Jacimovic
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