BTC review dated 27.02.2023

27.02.2023

190

1 min

BTC (4H)

The level of $23 000 provided support to bitcoin and stopped the decline of the asset, which was observed in recent days. Now the asset attempts to return above $23 600, where resistance has formed. Attention should be paid to the short-term uptrend, which passes around $23 200. At its breakdown, bitcoin expects another wave of decline.

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.