BTC review dated 02.05.2023

02.05.2023

2261

1 min

BTC (4H)

Bitcoin’s rate fell to $28 00, below the support level in the region of $28 600. The price of the asset also has formed a “double top” pattern, so in the near future, probably, the decline in quotations will continue. Important support levels may be $27 200 and $26 500.

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.