Bitcoin continues its downward movement from the region we mentioned in the previous analysis.
When we examine the current support zones of Bitcoin, the closest support zone is located at $21,550. Bitcoin could make bearish moves to the support level at $21,550 in the coming days.
If Bitcoin clings to this support level, it can start the upward movement from the support area to the $23,000 levels again. However, Bitcoin needs to continue candle closings above the $21,550 level to start the bullish move.
Not Investment Advice.
When we examine the current support zones of Bitcoin, the closest support zone is located at $21,550. Bitcoin could make bearish moves to the support level at $21,550 in the coming days.
If Bitcoin clings to this support level, it can start the upward movement from the support area to the $23,000 levels again. However, Bitcoin needs to continue candle closings above the $21,550 level to start the bullish move.
Not Investment Advice.
