FX.co ★ BTC update for June 21,.2022 - Upside breakout of the consolidation

Technical analysis:

BTC/USD has been trading upside today and I see that there is the breakout of the consolidation on the daily time-frame.

Trading recommendation:

Due to the breakout of the conoslidation and upside momentum today, I see potential for further upside movement.

Watch for potential buying opportunities on the intraday dips with the upside objectives at $23.000 and $25.420.

Stochastic oscillator is showing fresh bull cross and potential for the higher prices.

Key support is set at the price of $17.600