BTC review dated 14.10.2022

14.10.2022

187

1 min

BTC (1D)

The bitcoin rate broke through the global downtrend (green line), which has been putting pressure on the asset for the last year. Overall, this is a very positive factor, but it is necessary to wait for the confirmation of the breakout. For this to happen, bitcoin must get a foothold above $19,300 by the end of the week.

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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