21.06.202310:30 Forex Analysis & Reviews: BTC update for June 21,.2023 - Strong upside momentum

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Technical analysis:

BTC/USD has been trading upside and I found breakout of the downside channeling mode with strong momentum.

Due to the breakout of the downside channel and strong upside momentum, I see potential for the further growth towards upside references.

Upside objectives are set at the price of $29.760 and $31.000

MACD oscillator is showing increasing in the upside momentum, which is good confirmation for the further upside movement.

Key support is set at the price of $25.000

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