BTC review dated 29.05.2023

29.05.2023

2502

1 min

BTC (4H)

Over the weekend, the bitcoin rate rose by 5%. The growth of the asset occurred after it became known about the approval of the increase in the US debt ceiling. It is expected that in the coming days, the bill to raise the US debt ceiling will be approved by the House of Representatives and then signed by the President. This event may also give impetus to further growth of BTC.

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.