While FTX, which received approval for the sale of its assets, was expected to decrease the market, the upward movement of Bitcoin (BTC) attracted attention.
FTX, which has been keeping the crypto industry busy for a while, recently pulled BTC below $ 25,000. The tense process regarding the sale of crypto assets owned by FTX has finally become clear. While FTX, which received approval for liquidation last night, was expected to decrease BTC, the leader of cryptocurrencies surprised everyone by taking the opposite action.
What levels could Bitcoin (BTC) test?
BTC, which tested $ 24,900 with the tense wait, accelerated upwards with the buying of fear. With the large break of $ 25,150 – $ 25,300, the increase in buying transactions managed to carry the price up to $ 26,550. BTC, which was traded at $26,291 as of the writing of the news, will target $26,820 – 27,150 and $27,460 respectively if it exceeds $26,450.
A pullback to $26,000, the release of FUD news, or negative events that may come from FTX will naturally shake the BTC price. The levels that can be active as support are 25,814 – 25,647 and 25,300 dollars, respectively. In this process, testing $ 25,300 will appear as a critical issue. The $25,300 – $25,150 range may be a region where selling dominance takes over.
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