1 min


Bitcoin broke the local uptrend that has been forming since last week. The cryptocurrency’s rate has come close to the first support level around $20 300. If it breaks this level, the bitcoin price will continue to decline to $19 000.

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.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy