$20 Thousand Dollar Level In Bitcoin Will Be Decisive


After the easing in the money markets, it seems that Bitcoin, which is trying to return from the bottom, could not pass above the descending trend. In order for the rises in the leading cryptocurrency to catch the continuity, we will wait for it to pass into the region of 20 thousand 500 dollars on the descending trend. Possible permanences at the mentioned level may allow us to test resistance levels of $21,000 and then $21,750. In the opposite scenario, the $19 thousand 450 levels will be our close support in possible pullbacks.

Support: 19 450 – 18 750 – 18 100
Resistance: 20 500 – 21 000 – 21 750