FX.co ★ BTC update for November 23,.2022 - Potential for further upside movement

Technical analysis:

BTC/USD has been upside in the background and I see potential for further growth towards next upside references.

Trading recommendation:

Due to the strong upside momentum in the background and intraday bull trend, I see potential for further rise.

Watch for buying opportunities on the intraday dips with the upside objectives at $16.800 and $17.000.

MACD oscillator is showing bullish reading, which is good sign that buyers are in control.