BTC review dated 23.08.2022

23.08.2022

282

1 min

Bitcoin (30M)

Bitcoin has been showing classic sideways dynamics in recent days. From the bottom, the cryptocurrency rate is still held back by the $20 900 level. The resistance is a broken local uptrend, which passes around $22 000. One can also notice the decline in volatility, which is usually followed by impulse movements.

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.