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29.09.202310:13 Forex Analysis & Reviews: BTC update for September 29, 2023 - Resistance on the test

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Technical analysis:

Exchange Rates 29.09.2023 analysis

BTC/USD has been trading sideways at the price of $27.130 an there is potential for the rejection or the breakout.

In case of the rejection of the key resistance at $27.450, there is the chance for the downside movement towards $26.150

In case of the upside breakout of the resistance at $27.450, there is the chance for the higher prices and test of $28.150

Petar Jacimovic
Analytical expert of InstaForex
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