BTC review dated 02.05.2022

02.06.2022

206

1 min

Bitcoin

The bitcoin rate did not stay above $31 000 and returned to the $28 500-31 000 range. The most likely scenario is the movement of the asset’s price in this range for some time to accumulate volumes. Then another momentum may follow. At the moment, bitcoin is supported by the $29 000 level.

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.