BTC review dated 08.10.2022

08.10.2022

268

1 min

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.