What's going on with Bitcoin? 22 August 2023 - Coinleaks
Current Date:November 7, 2024

What’s going on with Bitcoin? 22 August 2023

In Bitcoin, which has not yet clearly exceeded 26 thousand dollars ( BTC) uncertainty is increasing.

BTC, which was completely shaken by the chain of FUD news, is now trying to find strength. Despite being above $26,000, BTC, which is not yet trustworthy, is increasing the anxiety among crypto investors. But what about the technical side for BTC? What levels can be observed?

Bitcoin (BTC) chart rating

The leader of cryptocurrencies, which has been trading in a downtrend since $ 29,700, is currently trading at $ 26,000. BTC, which broke the $ 25,837 resistance after hitting $ 25,140, ​​continues to maintain this level as support. Considering the uncertainty in the market, the buyer-seller war seems to be getting hotter.

If buyers at $26,000 fail to hold the price, $25.873 can be expected to act as support. If this value fails to hold, the probability of a decrease to $ 25,258 and $ 24,832 will be strengthened. The flow of news in the industry and general financial markets will be critical throughout this process.

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