Receiving approval for the sale of its assets FTXWhile it is expected to decrease the market, Bitcoin ( BTC) upward movement attracted attention.
It has been keeping the crypto industry busy for a while now. FTX, Recently BTC It had brought down below $25,000. The tense process regarding the sale of crypto assets owned by FTX has finally become clear. While FTX, which received approval for liquidation last night, was expected to decrease BTC, the leader of cryptocurrencies surprised everyone by taking the opposite action.
What levels could Bitcoin (BTC) test?
BTC, which tested $ 24,900 with the tense wait, accelerated upwards with the buying of fear. With the large break of $ 25,150 – $ 25,300, the increase in buying transactions managed to carry the price up to $ 26,550. BTC, which was traded at $26,291 as of the writing of the news, will target $26,820 – 27,150 and $27,460 respectively if it exceeds $26,450.
A pullback to $26,000, the release of FUD news, or negative events that may come from FTX will naturally shake the BTC price. The levels that can be active as support are 25,814 – 25,647 and 25,300 dollars, respectively. In this process, testing $ 25,300 will appear as a critical issue. The $25,300 – $25,150 range may be a region where selling dominance takes over.
