BTC review dated 01.05.2023

01.05.2023

2108

1 min

BTC (4H)

At night, bulls attempted to consolidate above $30 000 but were considerably pushed back by bears. This may indicate the fact that so far none of the parties has an advantage to move the asset’s rate. Therefore, a sideways movement on bitcoin in the near future can be expected.

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.