1 min

Bitcoin (1H)

At the level of $20 400, the local downtrend was touched. As a strong rebound downwards did not follow, it can be concluded that the bulls are set to break the level and break the short-term trend. This can be realized in case bitcoin’s rate will fix above $20 600.

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.

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