1 min

Bitcoin (1D)

Bitcoin’s rate is approaching the global downtrend, which has been forming since November 2021 (marked in green on the chart). In the coming days, increased volatility should be expected. It is possible that the bitcoin price will break the trend, but after that, the asset will need to consolidate above the trend.

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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