18.05.2022

80

1 min

Bitcoin

After the collapse to $26 700 bitcoin can not overcome the resistance level of around $31 000. Now the coin rate is locked in the range of $30-31 000. Breakout from the range downwards will mean a further decline in the asset’s price and, perhaps, another hike to $26 000.

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.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy