May 6, 2024

BTC review from 06/07/2022

BTC review from 06/07/2022

Bitcoin

The price of bitcoin collapsed following the BNB rate, which reacted with a decline to the information thatthat the U.S. Securities and Exchange Commission (SEC) has launched an investigation into the altcoin.The price of bitcoin is restrained from further decline by the local upward trend, which has been forming for almost a month and hasIn case of a breakout of the trend, the bitcoin rate will fall to $28 thousand.

The appearance of another negativity in the market will help determine whether bitcoin has already reached the bottom of the correction and has begun to form the basis for growth in the future.

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.