02.11.2022

233

1 min

BTC (4H)

On the four-hour timeframe, the formed double top can clearly be seen. Bitcoin’s rate has already several times returned to the support level of $20 300. This level will likely be broken to test the local uptrend (purple line).

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.