13.10.2022

232

1 min

BTC (4H)

In recent days, bitcoin has been trading in an extremely narrow range of $18 900-$19 200. This means that in the near future the volatility of the crypto market will increase again, and impulse movements can be expected. The most probable scenario is a return to the local minimum of around $17 500, as there are no factors, which could contribute to the growth of bitcoin yet.

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.

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