24.10.2022

234

1 min

BTC (4H)

On the evening of October 23, bitcoin rose sharply to $19 700 and entered a strong overbought market. On the morning of October 24, the asset continues to correct after the impulse growth. If in the near future bitcoin manages to regain positions and consolidate above $19 700, it will be possible to talk about the beginning of a short-term bullish trend.

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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