April 24, 2024

BTC review from 08/26/2022

BTC review from 08/26/2022

Bitcoin (1H)</strong>

As previously assumed, bitcoin will be in a sideways movement for some time.This isthe asset needs time to trade andconsolidation (a set of volumes). In the short term, bitcoin left the uptrend and returned to the fall again. Support is the level of $21 thousand. It is likely that in the near future the cryptocurrency rate will fall to this mark.

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.