February 5, 2023

BTC review from 12/01/2022

BTC review from 12/01/2022

BTC (4H)</strong>

Bitcoin consolidated above the $17 thousand mark. This happened after the head of the US Federal Reserve recognized the need to slow down the increase in the key rate.The level of $16.8 thousand, which previously acted as resistance, can now act as support. Probably, in the near future, bitcoin will test it.

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.