BTC review dated 07.04.2023

07.04.2023

2239

1 min

BTC (1H)

Locally, bitcoin is still in a short-term uptrend. The asset’s rate growth is restrained by the resistance of around $28 600. Also, it is worth paying attention to the decrease in volatility and trading volumes during the last few days. This indicates that impulsive and sharp movements may occur again in the near future.

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.