Volatility Dropped in Bitcoin



While the suppression of investor risk appetite in global markets increases cash demand, the fact that the dollar index is at the peaks of the last 20 years causes us to see weak price movements in Bitcoin. Technically speaking, if the easing during the day continues, we will follow the support levels of $ 20,650 and the lower band of the rising channel of $ 20,000. On the other hand, in the possible reaction purchases during the day, the levels of $ 21,650 can be considered as resistance.