1 min


Bitcoin continues to move in a narrow range. The sideways trend will continue until new fundamental events occur that will put pressure on the rate. In the event of negative news, such as a massive spread of monkeypox, financial markets, including the cryptocurrency market, will continue to decline. The crypto market needs positive news to return to growth. One of such factors may be the resolution of the situation with the Terra project.

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