FX.co ★ BTC update for April 06,.2023 - Rejection of the key resistance

Technical analysis:

BTC/USD has been trading downside as I expected. Anyway, I still see potential for the further downside movement and test of the lower reference.

Due to the rejection of the key resistance at the price of $28.800, I see potential for the further downside movement towards lower area of trading range.

Downside objectives are set at the price of $27.300 and $26.600

Key intraday resistance is set a the price of $28.800