02.06.2023

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1 min

BTC (1H)

On the hour timeframe, the formation of a “double bottom” pattern can be seen, which is located at the support level of $26 500. These factors may indicate a possible reversal and transition of the asset to growth in the short term.

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.

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