BTC review dated 07.10.2022

07.10.2022

196

1 min

BTC (1D)

After touching the global downtrend, the bitcoin rate bounced down and now is in search of support. Such a level may become the $19 600 mark. Then there may be another attempt to break through the global downtrend average. Most likely, it will take several attempts to break through it, because the trend has been affecting the asset for almost a year.

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.