BTCUSD at $18,500 Limit



Bitcoin, which has been under selling pressure since the weekend, started the FOMC week at the critical $18,500 level. In terms of the continuity of the relaxation trend in cryptocurrency, the possible pricing under this region, which points to the lower band of our minor formation, can bring up the support levels of $17,500 to the agenda, followed by the $16,500 %61 expansion of Fibonacci. Otherwise, the $19,500 levels can be considered as resistance in possible reaction purchases during the day.