May 3, 2024

BTC review from 06/11/2022

BTC review from 06/11/2022

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Yesterday, the Bitcoin rate came out of the wedge that had been forming over the past month. This happened afterpublication of statistics on a record for 40 yearsinflation in the US. However, there was no strong impulse fall. From this, we can assume that the exit from the wedge may turn out to be false, and in the coming days, Bitcoin will return to a narrow range. If this does not happen, then the cryptocurrency rate will continue to decline.

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.