After seeing a small sell-off with fear and anxiety of recession following the GDP data released yesterday, there was a high volume and strong purchase in Bitcoin. While the recession discussions continue, it is known that the old definition of recession should no longer be used and whether or not you are in a recession is evaluated differently. The US stock market, which started to decline with the bad data in the US, also took flight with the positive announcement of the balance sheets and earnings of giant companies such as Apple, Amazon and Mastercard.

Bitcoin is pricing in at $23,919 today, up 0.3% in the morning. As the positive balance sheets in Bitcoin in the evening could not break upwards, the 23,400 level was broken and rose to $ 24,000.

Bitcoin, which has recently been in sudden rises according to the market rather than technical data, continues its horizontal movement afterwards. In Bitcoin, which is currently maintaining its horizontal movement between 23,800-24,300, we can say that the downward breakdown of the 23,700-23,800 band should be considered.

Today, ETH, which gained 0.3% in the morning hours, is priced at $ 1725. The upward movement that started with the US stock markets yesterday brought the breakdown of the $ 1700 levels, which have been stated as a target since the breakdown of the 1300 region in Ethereum. Ethereum, which rose to 1780 levels with the momentum in the market, made a horizontal move after the breakdown, just like Bitcoin, and is currently making a horizontal move between the levels of $ 1710-1755. In Ethereum, where the target is now $ 2000 levels, the first step in Ethereum is to break the 1760 levels, which are the upper band of the current horizontal movement. In a possible decline, we can say that the 1660 level, which we have a hard time in breaking down, can serve as support.

AVAX, which has gained 2.56% as of the morning hours, is priced at $ 24.80. AVAX had moved on an upward trend after a bottom of its 50-day moving average of 19.40. AVAX, which tested and confirmed its support many times afterwards, started to rise yesterday by touching the support point at 22.47. Afterwards, AVAX broke up the levels of 23.20 and managed to advance to the levels of $ 25.

XRP, which gained 1.23% in the morning hours, is priced at $ 0.3785. When we look at the daily chart, Ripple seems to be in an ascending triangle pattern. Ripple, which has repeatedly tested the channel lower band and returned from that level, last left a pin on the support at 0.3256 last week and then started its upward movement. Ripple, which is currently breaking the resistance point, will continue its upward movement with the 0.4750 target if it confirms the breakout with closes above the 0.3770 level.

LTC is trading at $64.46, up 1.66% as of morning hours. LTC, which managed to break the channel it has been in for months to the upside, could not break the channel resistance at the 60.50 level. The upward movement in the markets yesterday also provided a breakdown in LTC and enabled it to move to the next target 64.60 levels. LTC, which is currently above the 64.60 resistance, will continue its movement with a target of $ 72 if it breaks here.

LINK is up 6.9% today at $7.71. With the breakdown of LINK's falling triangle pattern, it advanced to the upper band of the channel to 7.59 levels, then broke the resistance upwards and managed to rise to $ 7.8. LINK, which was at the bottom of the channel at the beginning of the week, had risen to the channel middle band with the reaction it received. However, LINK, which seems to be in a downward trend, managed to raise itself above the channel with a very strong rise afterwards. In case of a reversal, we can say that the 7.59 level will be an important support.

BAT is trading at $0.4136, up 1.74% as of morning hours. While BAT continued its intra-channel movement, it broke its resistance upwards in the triangle formation that fell yesterday and managed to rise in the channel middle band and then to the middle levels of the channel upper band. In BAT, which we see still at low prices compared to BTC and ETH, the 15% increase that came yesterday after the selling pressure last week will hopefully end the selling pressure.