BTC (1D)</strong>
On the daily timeframe, you can see that bitcoin has been "stuck" at the level of$16-17 thousandIt is likely that this range is being traded, which is typical of the end of a bear market and the formation of a bottom. Historical data show that such trading can take about six months.
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.