Recovery Remains Limited in BTCUSD

It is seen that Bitcoin, which continues its buyer movements with an optimistic atmosphere in the Asian session, is limited in the descending minor channel upper band. Technically speaking, the upper band and 50-period exponential moving average level of 21 thousand 750 dollars will be decisive for the acceleration of the recovery movement in crypto money. Possible persistence over this region may allow us to test the price levels of 23 thousand and then 24 thousand 250 dollars. On the other hand, in case of possible retracements during the day, the levels of 20 thousand 600 dollars will be followed as support.