BTC review dated 22.03.2023

22.03.2023

2123

1 min

BTC (1H)

On the hourly timeframe, can be seen the formation of an ascending triangle, the upper edge of which is the resistance of around $28 600. High volatility is expected in the markets today because at 18:00 UTC the FOMC meeting on a key rate increase in the United States will start. The mood of the market participants will depend on the regulator’s decision.

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.