BTC review dated 03.11.2022

03.11.2022

225

1 min

BTC (4H)

Yesterday, during the increased volatility after the FOMC meeting (which decided to raise the US key rate to 4%, by 0,75 bps), bitcoin still tested the short-term uptrend. In case of fixing above $20 400, the way opens for re-testing of resistance in the area of $21 000.

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.