US SENATORS GATHER FOR DIGITAL DOLLAR WITH PAXOS CEO'S ATTENDANCE
DAILY CRYPTOCURRENCY ANALYSIS
BITCOIN [BTC] 488004.45 TRY
With the increase in the volume of short positions, sales pressure at BTCUSD continues. The cryptocurrency, which is currently testing 9220 support, switched to the oversold zone on the daily chart. In case of downward movements with broken support, 9070 and 8800 levels can be followed. Failure to catch a negative exit from 9000 levels may trigger upward movement and follow-up of resistance levels.
Continuing its pricing in the oversold region, ETHUSD again turned to 228 support. Keeping it on the support is critical for triggering upward mobility. Thus, acceleration may occur up to 237 and 241 resistors. However, a negative reaction that may be experienced in 228 may create retracement up to 215 support in the first place in the cryptocurrency. In this case, supports 228 and 223 can be monitored.
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