BTC review dated 27.08.2022
Globally, the situation continues to develop according to the expected scenario. After breaking through the uptrend, which has been forming for the last two months, bitcoin’s rate began to decline. The nearest global support, which can contribute to the trend reversal, is at the level of $19 000.
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.