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29.03.202307:59 Forex Analysis & Reviews: BTC update for March 29,.2023 - Potential for the upside rotation

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Technical analysis:

Exchange Rates 29.03.2023 analysis

BTC/USD has been trading upside as I expected but I see potential for the further rally towards upper extreme of the trading range.

Due to the rejection of the support zone at the price of $26.500, I see potential for the upside movement.

Upside objective is set at the price of $28.725

MACD oscillator is showing positive reading, which is good sign for the further upside movement...

Petar Jacimovic
Analytical expert of InstaForex
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