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13.07.202310:36 Forex Analysis & Reviews: BTC update for July 13,.2023 - Potential for the breakout of the consolidation

Technical analysis:

Exchange Rates 13.07.2023 analysis

BTC/USDhas been still trading sideways at the price of $30.400 and there is the chance for the breakout mode.

In case of the breakout of the resistance at the price of $31.450, there is potential for the rally towards $33.700 and $34.000

In case of the downside breakout of the support at $29.600, there is the chance for the further drop towards $28.360

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Petar Jacimovic,
Analytical expert of InstaSpot
© 2007-2025
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