BTC review dated 13.01.2023

13.01.2023

297

1 min

BTC (4H)

The next wave of momentum growth brought the bitcoin rate to $19 100, where there is an important resistance, which previously for a long period (from August to November 2022) acted as support. As one can see, the global downtrend worked perfectly well, because after its retest bitcoin continued momentum 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.