Downside Momentum Increased in Bitcoin



Despite the macroeconomic fluctuations in the global markets, the statements that the FED will continue its aggressive tightening policy and the weakening risk appetite allow us to see seller movements in Bitcoin. Technically, we will first look at the previous bottom of $20,650 and then the $19,500 support levels in the crypto money, where the trend of relaxation increased after the rising channel break. Otherwise, $22,300 levels can be considered as resistance to possible reaction purchases during the day.