BTC review dated 27.01.2023

27.01.2023

1 min

BTC (1H)

The move in a sideways range continues. Judging by the volatility decrease, in the nearest future there may be its next surge and, as a consequence, impulse movements. In case the resistance around $23 400 is broken, the possibility for growth to $24 000 is opened. It is not excluded, that active movements will occur on weekends when the American stock market is not trading and does not influence bitcoin.

The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.