BTC update for October 03, 2023 - Broken triangle pattern

Technical analysis:

BTC/USD has been trading sideways at the price of $27.600 but there is the breakout of the triangle pattern in the background to the upside.

Due to the breakout of the triangle pattern in the background, I see potential for the further rally towards $30.000

RSI oscillator is showing reading above 60, which his good indication that buyers are in control.

Support level is set at the price of $27.000