BTC review dated 26.09.2022

26.09.2022

224

1 min

BTC (4H)

Bitcoin’s rate continues to decline to the support level of around $18 000. As in recent days, the asset has already bounced from this level twice, it is possible that the next decrease may lead to the breakdown of support. In this case, the probability of renewal of local minimum and fall below $17 500 will considerably increase.

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.