Bitcoin continues to move in a narrow range. A sideways trend will be observed until new fundamental events that willcourse pressure. In the event of negative news, for example, the massive spread of monkeypox, financial markets, including cryptocurrency, will continue to decline. To return to growth, the crypto market needs positive news. One of these factors may be the resolution of the situation with the Terra project.
The material is not an investment recommendationand published for informational purposes only. Remember: technical analysis does not guarantee successful trading, as it is based only on historical data.