BTC review dated 24.08.2022

24.08.2022

213

1 min

Bitcoin (1D)

The level of $20 000 is still good support for bitcoin. In the coming days, any serious movements can not be expected, because the asset is locked between the support at $20 000 and resistance around $22 000. Before any impulse movements occur, a period of consolidation (accumulation of volumes) will be required.

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.