33 500 will set the tone in BTCUSD





Geopolitical risks in financial markets deepened the losses in Bitcoin. From the technical analysis aspect, 33 500 support located at the lower band of the ascending major channel will be significant. If this level is broken downwards, our next targets will be 31 000 and 29 000 supports. On the other side, purchases may hit 37 450 resistance in possible upward moves.