26.07.2022

409

1 min

Bitcoin

On the hourly timeframe, a descending channel has formed. After falling below $22 000, the nearest support level is around $20 000. It is likely that in the coming days the bitcoin rate will gradually slide to this mark.

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.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy