Technical
analysis:

analytics6499e4f9c4407.jpg

BTC/USD has
been trading sideways
at the price of $30.084 and I see potential for the breakout mode in
the next period.

In
case of the upside breakout of the resistance at the price of
$30.650, I see potential for the further growth towards $34.000

In
case of the downside breakout of the support at the price of $29.600,
I see potential for the further downside movement towards $27.250

The material has been provided by InstaForex Company – www.instaforex.com

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