Low-Volume Transactions Are At The Foreground In Bitcoin


Investor risk appetite, which remains weak with the search for direction in the money markets, causes us to see horizontal price movements in Bitcoin. Technically speaking, we follow the support of $18,500 in cryptocurrency, where the pricing under the downward trend continues. Possible declines in this region, which can be decisive for seller movements to gain momentum, may bring the support levels of 17 thousand 500 and then 16 thousand 500 dollars to the agenda. Otherwise, in minor rises during the day, the levels of $19 thousand 750 can be considered as resistance.

Support: 18 500 – 17 500 – 16 500
Resistance: 19 750 - 20 500 – 21 000