Bitcoin</strong>
Bitcoin is supported by a local risingtrend, which takes place in the region of $29 thousand. If it is broken, the price of bitcoin can fall below $28 thousand. If after that there is a buyback and the cryptocurrency rate returns to the range of $29-30 thousand (as it was before), then we can talk about the formation of a bottom . However, the possibility of a deeper decline still remains.
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.
