Bitcoin Tries to Limit its Losses



In addition to the monetary tightening pressures in the global markets, it is seen that Bitcoin, which has been subjected to selling pressure since the beginning of the week due to the tension caused by geopolitical risks, is trying to hold on to the lower band of our minor formation. Technically speaking, the persistence that can be caught above the $18,500 level, which points to the region in question, may support reaction purchases, bringing 19,500 and then $20,500 resistance levels to the agenda. Otherwise, the levels of 17 thousand 500 dollars will be our current support in the permanent breakdowns in the lower band region.