BTC review dated 19.09.2022

19.09.2022

209

1 min

Bitcoin (1D)

Sellers show their superiority in the market, not letting bitcoin’s price even close to the global downtrend. Also, the rate of the asset is under pressure from the upcoming Fed meeting, at which the key rate in the US may be increased immediately by 1 percentage point. For now, bitcoin is above support at around $18 000. If it is broken through, the asset will go to renew the local minimum.

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.