Technical analysis:

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BTC/USD has been trading sideways at the price of $26.000 and I see potential for the breakout mode in the next period.

In case of the upside breakout of the resistance at $26.320, I see potential for the rally towards upside references at $27.500 and $28.000

In case of the downside breakout of the support zone at $25.300, I see potential for the drop towards downside references at $24.750 and $24.000

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

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