After leaving behind a week in which Bitcoin seemed strong above 21,000, it returned to 20,000 levels with the failure to break the 21,500 level. The negative atmosphere in the market, the bad news from the funds and the fact that the miners sell their coins create a separate pressure on BTC. In addition, negative news from stock markets and markets around the world in general causes the price to fail to break the 22,000 level.

Bitcoin is pricing in at $20,760 today, down 0.04% in the morning. When we look at the hourly chart, we see that Bitcoin, which is in a channel, remains in the channel middle band and has made short movements between 20,500-20,900 prices since yesterday evening. With the news coming from the markets during the day, it will test the 20,000 support or approach the 21,450 resistance.
 

There is only 1 day left before the development of Gray Glacier on Ethereum and ETH continues to be strong. Ethereum, which has fallen to $ 800 levels, has shown a weak image over the past month. As we approach the PoS transition, we can continue to see a more positive pricing in Ethereum.

Today, ETH, which lost 0.21% of its value in the morning hours, is priced at $ 1189. When we look at the hourly chart in Ethereum, we see that it is inside an ascending channel. We can say that the channel is below the middle band and for the upward movement, it must first break the 1240 levels. In case of an upward break of the descending movement that has been going on for the last 2 days, an upward break of the middle band can be tried.

AVAX, which has gained 0.03% as of the morning hours, is priced at $ 19.31. When we look at AVAX's hourly chart, after the rapid upward breakdowns of 18.70 and 19.80 levels, it was up to $ 22 levels. However, the failure to break that level and the decline of the market brought APAX back to the 18.70 support, and the support level was tested and returned to the $ 19.30 level. We can say that the critical levels ahead for AVAX are $18.30 on the downside and $19.80 on the upside.

XRP, which lost 0.65% of its value in the morning, is priced at $ 0.3471. Ripple, which is in a channel on the hourly chart, broke down the downward channel yesterday and made a significant decline. Although it is currently trying to stay above the 0.3450 level, it seems quite likely that BTC will fall to 0.3350 levels depending on its movement.

LTC is trading at $54.91, up 1% as of morning hours. LTC, which failed to break the $ 60 level and returned to the $ 57 levels, also broke the $ 57 level to the downside. We can say that the next support level is in the 50-51 dollar band and if that level is broken, the 40 dollar level can be talked about again.

LINK is down 1.61% at $6.51 today. LINK formed a channel between the levels of 6.30-7.50 and then formed a rectangle between the levels of 6.80-7.60 with the upper part of the channel middle band breaking. However, with the decline yesterday, the 6.80 level was broken downwards and the 6.30 support was tested on the downside and started to rise from that level again. If the 6.30 level is broken in a possible decline, we can say that the next support level will be 5.20.

BAT is trading at $0.3902, up 0.45% as of morning hours. On the 4-hour chart, BAT, which has been in the same channel since May 18, tried the upward breakdown many times last week, but could not break it and bounced. For BAT, which is currently in the middle levels of the channel upper band, we can say that the 0.35 level will be critical if the support level at 0.38 levels is broken.