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DAILY CRYPTOCURRENCY ANALYSIS
BITCOIN [BTC] 484907.23 TRY
BTCUSD, which could not hold above the 9070 resistance, retraced to the middle of the channel. In case the sales pressure continues in the cryptocurrency, which is currently priced at 8500 levels, 8107 support can be considered. If the market moves with buyers, 9070 resistance can be taken into consideration. However, breaking 9070 can be an actor that can provide continuity. Failure to exceed the specified level may increase sales pressure.
ETHUSD, which periodically tested 215 resistance, faced sales pressure and retraced. The relationship of the cryptocurrency towards 191 support to the balance level is remarkable. Sales pressure may increase if 191 support and 20 MA in the daily chart breaks down. Thus, 172 support can be followed. It is believed that it is important to hold the 215 resistance above for the continuity of the upward movements.
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