17 500 Remains to Be Decisive in Bitcoin



Leading bitcoin is struggling to find demand as a result of the limited rise in global investor risk sentiment amid the wave of bankruptcies in the cryptocurrency market following the FTX crisis. At this point, the 17 500 resistance is critical for the start of buying scenarios. As long as this level is not exceeded, the risk of the commodity falling to the lowest level in 2 years with 15 400 behind 16 125 is quite high. Above 17 500; 18 190 and 19 000 resistances will be followed.