30.11.2022

185

1 min

BTC (4H)

Right now bitcoin is attempting to consolidate above $16 800. At this level is the resistance, which the cryptocurrency could not overcome for the last two weeks. If successful, a short-term growth/recovery from the last collapse caused by the collapse of FTX and Alameda can be expected. The next important resistance level could be the $17.5-17.8K range.

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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