Bitcoin Trying to Break $20K Level



Since the beginning of the week, the recovery trend in investor risk appetite has gained momentum with the easing FED pressure, allowing us to see buyer movements in ounce gold. When we examine it technically, if the cryptocurrency, which reaches the descending trend line after the buyer movements, can pass above $20 thousand 500, it can test the resistance levels of 21 thousand and then 21 thousand 750 dollars. On the other hand, the levels of $19 thousand 450 can be considered as a support in the possible pullbacks during the day. 

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