BTC review dated 16.03.2023

16.03.2023

2043

1 min

BTC (1H)

Bitcoin found support in the region of $24 000 as part of a correction after impulse growth above $26 000. Fundamentally, the situation disposes to the continuation of the asset’s growth, as the market expects a lower interest rate than predicted earlier, due to the banking crisis in the United States.

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.