Bitcoin gained a 0,90% value during morning hours; the current price is $47.131. The richest person globally, Tesla and SpaceX CEO Elon Musk, has been named "Person of the Year" for 2021 by Time Magazine. In an interview with the magazine published on Monday, Musk talked about cryptocurrencies Bitcoin and Dogecoin. Elon Musk said in this interview that Bitcoin is suitable for a store of value.

When we consider the BTC/USDT pair technically, BTC, which continues to move below the current downward trend as of November 10, recently received a buy signal along with the intersection of DEMAS (7 and 14-day) in the daily chart, although yesterday's sharp decline caused the sell signal to come again. As we mentioned in the bulletin yesterday, important statements are expected from the Fed meeting this week. It is worth waiting for clearer turn signals during this period, when the FED and many central banks are also meeting.

Ethereum gained a 0,10% value during morning hours, and the current price is $3790. The Swiss franchise of the Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) has recently announced the addition of Ethereum to the bank's custody service by expanding its cryptocurrency trading service. BBVA Switzerland had started offering Bitcoin trading and custody service to all private banking customers in June.

When we consider the ETH/USDT pair technically, ETH, which broke down the $3940-4030 band with a daily trading volume above the average yesterday, made its daily close below this support level. If this level is broken in ETH, which has found support at the level of $ 3680 (Fibo'50 zone), with the retracements experienced since the November 10 peak level of $4868, it is expected that the retracement towards the $ 3520-3444 band will continue. 

AVAX gained a 0,50% value during morning hours, and the current price is $79,56. When we consider the AVAX/USDT pair technically, AVAX, which broke the ascending channel as of August recently, retreated to the zone marked with blue on Friday after the sharp fall again. AVAX, which also tested the $76.45 level (Fibo'38.20), may retreat to the $70.5 and $65.3 levels, respectively, if it loses the support zone located here.

Ripple gained a 0,95% value during morning hours, and the current price is $0,7873. When we consider the XRP/USDT pair technically, XRP continues price action inside the downward trend on September 7. However, it broke the channel above the average yesterday. If the price does not return to the channel again in XRP, which has retested the lower line of the channel this morning, the retracement may deepen. Sales pressure is not expected to decrease until the downtrend is broken upwards.

LTC gained a 0,60% value during morning hours, and the current price is $145,7. When we consider the LTC/USDT pair technically, LTC has a sideways trend and continues price action below the $173 level (200MA). However, the volatility has decreased after the sharp fall. LTC, which retreated to the support zone marked with blue again with the sharp falls experienced throughout the market yesterday, is seen as having found support in the morning. The daily close below $141 may bring with it a pullback up to $130 levels.

LINK gained a 1,35% value during morning hours, and the current price is $18,03. When we consider the LINK/USDT pair technically, LINK, which continues price action inside the ascending channel as of July 2020, closed the day below the lower line. If LINK cannot create a buying zone and holds onto the channel lower line, it might retreat to the $15,30 level. 

BAT lost 0,80% value during morning hours, and the current price is $1,0251. When we consider the BAT/USDT pair technically, BAT broke uptrend on 30 October yesterday and closed the day below this support level. It is retesting the trend this morning. If the trend does not break upward again, a retreat towards the 0.88-dollar level is expected.