BTC review dated 08.11.2022
Because of the FUD around FTX, bitcoin collapsed to $19 300, breaking through the local uptrend. At the moment, the asset is supported by the level of $19 500. In the nearest hours/days it is worth following the development of the situation with FTX. It is not excluded that these events will influence the crypto market.
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.