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Technical analysis:
BTC/USD has been trading upside today and the is testing key resistance level at $43.500, I see potential for the rejection or the breakout to the upside.
In case of the upside breakout of the resistance at $43.500, there is the chance for the rally towards $44.700 and $45.000
In case of the rejection of the resistance, there is the chance for the downside rotation towards lower reference at $40.600
RSI oscillator is showing reading above the 60, which is sign that buyers are in control.
Key resistance is set at the price of $43.500
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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