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28.03.202308:12 Forex Analysis & Reviews: BTC update for March 28,.2023 - Potential for the upside rotation

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Technical analysis:

Exchange Rates 28.03.2023 analysis

BTC/USD has been trading downside yesterday but I see that key support zone is on the test at $27.000.

Due to the test of key support zone and no bigger downside breakout, I see potential for the upside rotation towards upper extreme of the trading range.

Upside objective is set at $28.730

MACD oscillator is showing relatively slow momentum and no signs of the continuation.

Petar Jacimovic
Analytical expert of InstaForex
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