KAZAKHSTAN PLANS TO FUND CRYPTOCURRENCY INVESTMENTS
DAILY CRYPTOCURRENCY ANALYSIS
BITCOIN [BTC] 151913.67 TRY
In BTCUSD, which has suffered from difficulty holding above 9500 resistance, sales pressure occurred with the perception of uncertainty in financial markets. If the selling pressure continues in the cryptocurrency that priced at the equilibrium level and where buying and selling instability is evident, 9330, 9210, and 9070 supports can be followed at close range. In the case of the market, the reaction continues with the buyer, the resistance of 9500 and 9650 can be considered.
After testing the 236 resistance level, ETHUSD retraced to the 228 support and lost its power. If volume increases continue in short positions, downward movements up to 228 and 215 may occur. If support is broken, it is beneficial to be careful. In the upward movements, breaking 20 MA with 236 resistance may trigger the continuity of the reactions.
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