Bitcoin Trying to Hold Above $20,000



In addition to the recession concerns that flared up again in the global markets, the FED-based monetary tightening pressures caused us to see seller movements in Bitcoin. Technically speaking, in the continuation of the losses during the day, the lower band of our major formation at $ 20,650 and below will be at the support levels of $ 20,000. On the other hand, in possible reaction purchases, the $ 21,650 level can be considered a resistance.