BTC review dated 30.05.2022

30.05.2022

279

1 min

Bitcoin

Bitcoin showed signs of strength for the first time in the last two weeks. The asset broke through the local downtrend and came close to an important resistance level near $31 000. There are no signs of a reversal yet, but if buyers intercept the initiative, this movement may turn into a full-fledged bounce, which market participants have been expecting for two months.

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.