BTC update for October 06, 2023 - SIdeways range

Technical analysis:

BTC/USD has been trading sideways at the price of $27.650 and there is the chance for the upside continuation or the further drop.

In case of the re-break to the upside above $27.800, there is the chance for the rally towards $28.580

In case of the downside breakout of the support at $27.250, there is the chance for the downside movement towards $26.750