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21.12.2023 11:08 AMTechnical analysis:
BTC/USD has been trading upside and the price is testing key resistance zone $43.990-$44.750 and there is potetnial for the rejection or the further upside breakout.
In case of the upside breakout of the resistance at $44.700, there is the chance for the rally towards upside reference at $46.000
In case of the rejection of the resistance cluster, there is the chance for the downside movement towards lower reference at $41.600 and $40.000
RSI oscillator is showing reading around 60, which is sign that buyers are in control.
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