BTC review dated 10.10.2022

10.10.2022

233

1 min

BTC (1D)

Globally, bears control the market and the $19 200 level provides support for bitcoin. Once again, approaching the global downtrend (marked in green). Based on the current market dynamics, it can be assumed that bitcoin will not be able to break through the trend and the rate of the asset will again fall to the next support level of around $18 100.

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.