BTC review dated 26.10.2022

26.10.2022

253

1 min

BTC (1D)

In the afternoon of October 25, bitcoin impulsively surpassed $20 000 and consolidated above that level. Probably, the reason for the growth was the price rebound from the local uptrend. Further developments will depend on whether bitcoin will be able to stay above $20 000.

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.