After Bitcoin fell to 17,000 levels, a reaction bought took place and the price rose to 21,000 levels. Although this rise gives hope and is one of the biggest increases made by Bitcoin in the last 1.5 months, the problems experienced by the whole world economy indicate that we can return to 17,000 levels. In addition, thousands of Bitcoins transferred to crypto exchanges from cold wallets also support the expectation of a price decline.

Bitcoin is pricing in at $20,294 today, down -2.07% in the morning. BTC, which drew a permanent image at the level of 21,000 yesterday, climbed to 20,600 levels, but returned to the level of 20,000 in the evening. Looking at the hourly chart, we saw that there was a support at the 20,280 level, which was recovered and tested to the downside again. A daily close below this level will push the price back below the 20,000 level.

After the Ropsten network in Ethereum, the news came that the Sepolia testnet will also be in the merge test. During the transition to PoS, these tests seem to be very valuable. Although the Ropsten test at the beginning of June in ETH, which was expected to take place in August, was successful, the postponement of the difficulty bomb, which is very necessary for merge, made the price weak again.

Today, ETH, which lost -2.27% of its value in the morning hours, is priced at $ 1099. When we look at the 4-hour chart on Ethereum, we see a rectangular pattern between the 1040-1280 level. Although it tested and broke the support level with the sale at the weekend, it quickly recovered and managed to rise above the 1100 level. We can say that a breakdown of the 1280 level is required for an upward movement in ETH.

AVAX, which has lost 2.96% of its value as of the morning hours, is priced at $ 16.42. Looking at AVAX's 4-hour chart, we see a falling triangle pattern. We see that the $14.60 level is a strong support and despite testing this level, it immediately reverses. Although it rose to $ 18 yesterday, the general decline in the market has brought it closer to the level of 14.50, which is the support of the triangle.

XRP, which lost 1.62% of its value in the morning hours, is priced at $ 0.3240. Ripple, which is in a falling triangle on the hourly chart, broke up to the upside yesterday, but rebounded from 0.3350 levels and is currently trading above the support point at 0.3240 levels. A downside break of this bar could bring the price back to 0.30 levels.

LTC is trading at $53.09, up 0.61% as of the morning hours. LTC, which has had very problematic periods in the last 2 weeks, has seen the $ 50 band again after testing the $ 40 level. The breakout of the $60.40 level is very important in the upward movement.

LINK is up 1.46% today at $6.75. After LINK's double bottom pattern on the hourly chart yesterday, we said that it could break the 7.50 level upwards and move towards the 9.39 target. However, with the breakdown not coming, we will be following the price movements in LINK, which has returned from 7.40 levels to 6.76 levels.

BAT is trading at $0.3650, down 2.25% as of morning hours. When we look at the hourly chart, we saw that the 0.3707 level was broken in the first test with the momentum captured yesterday and then we saw an increase to 0.40 levels. However, it then breaks the 0.37 level, which serves as support, to the downside and continues to price in that region. We will be following a possible upside breakdown.