BTC review dated 18.07.2023

18.07.2023

272431

1 min

BTC (4H)

After a hike to $31 000, bitcoin is testing the support in the area of $30 000. Several times the rate of the asset broke through this level, but the breakthroughs turned out to be false. It is not excluded that a reversal will take place in this area again. In case of consolidation below $30 000, there is a probability of further decline to $28 600.

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.