Market Updates

Bitcoin around 23,000 dollars, trading above a key intraday support


TC Analysts


February 7, 2023

BTC/USD struggles around the 23,000 dollars level after successfully testing the 22,680 dollars support area. Investors wait for a Jerome Powell speech this Tuesday.

Over the past 24 hours, Bitcoin’s news volume was “Below Average” as compared to the 7-day average, and sentiment is positive, according to Trading Central Market Buzz.

From an intraday point of view, according to Trading Central Technical Views, Bitcoin is targeting 23,490 dollars on the upside while trading above the support at 22,680 dollars.

The investment ideas presented here are for information only.  They do not constitute advice or a recommendation by Trading Central in respect of the investment in financial instruments. Investors should conduct further research before investing. Learn more.

TC Analysts

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