FX.co ★ BTC update for April 11,.2023 - Breakout of the triangle

Technical analysis:

BTC/USD has been trading upside as I expected and the price is approaching first upside objective. Due to strong upside momentum and bullish trend, I still see bullish continuation.

Due to the breakout of the tight triangle in the upside trend, I see potential for the further growth.

Upside objectives are set at the price of $32.000 and $35.000

MACD oscillators is showing upside reading, which is good sign for the further rally....

Key support is set at the price of $28.700