April 23, 2024

BTC review from 07/05/2022

BTC review from 07/05/2022

Bitcoin

Bitcoin has come out of the wedge upwards and has already reached $20.4 thousand.It is possible that in the near future the assetwill test the upper edge of the wedge as support, which means that its price candecline to $18.5 thousand.After that, the cryptocurrency will have the opportunity to return to growth.It is likely that bitcoin will continue to grow in the current situation without a retest of support.

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.