23.05.2022

157

1 min

Bitcoin

Bitcoin gained 6% over the weekend. The asset approached the $31 000 resistance level. The cryptocurrency’s volatility has decreased significantly in recent days. This may indicate that momentum will occur soon, which will take the asset price out of the $29-30 000 range. The bitcoin rate may continue to decline, or it may start to recover.

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.

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