The Easing Trend Continues in BTC



The unexpected contraction in the Chinese industry has raised concerns about a recession in global markets. The resulting liquidity need in this direction has caused sales pressure on Bitcoin. Technically, if the crypto money that broke the rising minor channel lower band continues to dissolve, 29 thousand and then 28 thousand dollars can be considered as support. Otherwise, the levels of 31 thousand dollars can be considered as resistance in the uptrends during the day.