Bitcoin Is Showing A Potential For The Further Rally
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Technical analysis:
BTC/USD has been trading sideways at the price of $16.830. Anyway, I see potential for the breakout play.
Trading recommendation:
In case of the upside breakout of the key resistance at the price of $16.920, watch for buying opportunities with the upside objective at the price of $17.300
There is fake breakout of the support in the background, which is another good sign for the further rally.
Relevance up to 09:00 2022-12-24 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
