BTC review dated 12.05.2023

12.05.2023

2249

1 min

BTC (1D)

Bitcoin is testing support of around $26 500, but it is too early to talk about breaking the level. For this to happen, the daily candle must close below the support. Until the end of the trading day, the asset still has time to restore positions. At the breakthrough of $26 500, the next important support is the level of $24 500.

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.