Bitcoin's Uptrend Decreased



At the opening of the European session, Bitcoin, which recorded strong rises with the recovery in the global risk appetite, was limited by the statements made by FED Chairman Powell and ECB President Lagarde, stating that cryptocurrencies are speculative assets and need regulation. When we examine it technically, the Fibonacci %50 correction line $20 thousand 500 levels will be in our close monitoring in order for the recovery in cryptocurrency to gain strength. $21,000 levels can be tested on this area. Otherwise, the levels of 19 thousand 500 dollars can be considered as support in possible resolutions during the day.