BTC review dated 10.08.2022
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10.08.2022
275
1 min
0
Bitcoin (4H)
Despite another unsuccessful attempt to break through the resistance of around $24 000, the overall situation remains positive. On the asset’s chart, one can see that it is pushing its lows toward the resistance level and forming a bullish triangle pattern. This may indicate that at the moment bitcoin is gaining volumes, trading in a narrow range, for further consolidation above $24 000.
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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