BTC review dated 24.02.2023

24.02.2023

166

1 min

BTC (1H)

Bitcoin continues to move in the sideways channel, having retested support around $23 600. Judging by the dynamics and reduced volatility, any major moves over the weekend should not be expected. For the bitcoin price to get out of the sideways channel, the buyers or sellers must gain an advantage, at least in the short term.

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.