BTC review dated 17.01.2023

17.01.2023

172

1 min

BTC (1H)

On the hourly timeframe, one can see the continuation of the uptrend, as the price lows are getting higher. However, there is a vital resistance in the area of $21 200, which bitcoin has not yet managed to overcome. Earlier, this level was considered an important support.

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.