BTCUSD Loses Its Uptrend



Despite the increasing risk appetite in global markets and the loosening in the dollar index, Bitcoin, which lost its upward momentum in the last week, is experiencing retreats. Technically, we will follow the levels of $23,000 in the crypto money, which has reached the rising minor channel lower band after the pullbacks. Possible persistent pricing under this region, which points to the lower band region, may bring the support levels of $22,000 and then $20,650 to the agenda. Otherwise, the $ 24,200 level can be considered as resistance in possible buy-side transactions.