May 2, 2024

BTC review from 06/08/2022

BTC review from 06/08/2022

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Once again Bitcoin found itself locked in a narrow range. Local uptrend supportscryptocurrency exchange rate at the level of $29.5 thousandbitcoin cannot go above $31.5 thousand, since there is strong resistance at this level. In the event of an upward exit from a narrow range, it will be possible to say that Bitcoin has formed a bottom and is preparing for a recovery. However, this may take more than one month.

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.