23.08.2022

250

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.

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