04.04.2023

2240

1 min

BTC (1H)

Short-term bitcoin is in a downtrend. This can be noticed by lower price highs. In order to break the short-term downtrend, the asset needs to consolidate above the previous local high of $28 500.

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.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy