BTC review dated 11.01.2023

11.01.2023

157

1 min

BTC (1H)

On the hourly timeframe, one can notice the acceleration of the local uptrend. However, it should not be forgotten that the trend itself at the moment passes near $17 000, so in the near future a decrease to this level is not excluded, and probably even lower. So far, bitcoin shows strength and readiness to continue growth.

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.