BTC review dated 24.05.2023

24.05.2023

2878

1 min

BTC (1H)

We got another sharp decline to the support level at around $26 500. The decrease in the BTC rate could be influenced by the words of Elon Musk, who urged not to invest in cryptocurrencies. Another rebound from support and recovery to the area of $27 400 can be expected.

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.