07.03.2023

341

1 min

BTC (1H)

An ascending triangle is forming on the hourly timeframe. At the moment, the lower edge of the triangle is around $22 400. The upper edge and resistance are at the $22 500 mark. Judging by the fact that the bitcoin rate is locked in a narrow range, the denouement and impulse movement may occur in the coming days.

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