BTC review dated 10.05.2023

10.05.2023

2118

1 min

BTC (1D)

Globally, bitcoin is in a sideways position, between two important levels. Support is the $26 500 mark, and resistance is the $31 000 mark. The asset has been trading in this range since mid-March. Probably, trading in the range of $26 500-31 000 will continue in the coming weeks.

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.