BTC review dated 09.01.2023

09.01.2023

216

1 min

BTC (4H)

After a period of sideways movement, one can see the formation of a short-term bullish trend with periodic impulse bursts. At the level of $17 200, bitcoin has hit the resistance. At its breakdown, the possibility of growth to the next resistance in the area of $17 800 will open.

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.