BTC review dated 13.03.2023

13.03.2023

133

1 min

BTC (1H)

Over the weekend, the crypto market was highly volatile due to uncertainty in the US banking sector. Bitcoin and stock indices reacted with growth after the Fed’s decision to rescue deposits of the bankrupt Silicon Valley bank. Bitcoin returned above $22 000, reaching at the moment the mark of $22 600. As bulls have seized the initiative, further growth of bitcoin can be expected

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.