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08.02.202310:35 Forex Analysis & Reviews: BTC update for February 08,.2023 - Watch for the potential breakout of the trading range

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Technical analysis:

BTC/USD is in the trading range at the price of $23.200. Watch for potential breakout of the trading range to confirm further direction...

Trading recommendation:

In case of the breakout of resistance at $23.900, watch for the buying opportunities on the dips with the upside objective at $25.500

In case of the downside breakout of the support at $22.400, watch for selling opportunities with the downside objective at $20.500

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