BTC review dated 12.01.2023

12.01.2023

199

1 min

BTC (1D)

Bitcoin rose to $18 200 and also broke through the downtrend, which had been forming since August 2022. In case of fixing above the trend, the asset will have an opportunity to go to $20 000. One should not exclude the probability of false breakdown and return of the bitcoin price below the downtrend.

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.