BTC review dated 08.10.2022
08.10.2022
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BTC (4H)
A double top near the global downtrend has formed and worked off. Bitcoin’s price returned to the short-term uptrend. To continue the attempt to break out the global downtrend, the asset needs to consolidate above the resistance of around $19 600.
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.
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Bitcoin
$64 123
BTC
-4.18%
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Ethereum
$3 147.6
ETH
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BNB Smart Chain
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ADA
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