Bitcoin Is Showing Fresh Upside Target And There Is Potential For Further Rally


BTC/USD has been trading upside ans the price is near the main upside objective at $20.455. There is potential for test of the first upside target.
Due to the breakout of the triangle pattern in the background, there is potential for further rally.
Watch for the potential buying opportunities on the intraday dips with the upside objectives at the price of $20.450 and $22.450.
MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.
Support is set at the price of $19.900
Relevance up to 08:00 2022-10-27 UTC+2 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.