What’s going on with Bitcoin? 22 August 2023

Uncertainty is increasing in Bitcoin (BTC), which has not yet clearly exceeded $ 26 thousand.
 What’s going on with Bitcoin?  22 August 2023
READING NOW What’s going on with Bitcoin? 22 August 2023

Uncertainty is increasing in Bitcoin (BTC), which has not yet clearly exceeded $ 26 thousand.

BTC, which was completely shaken by the chain of FUD news, is now trying to find strength. Despite being above $26,000, BTC, which is not yet trustworthy, is increasing the anxiety among crypto investors. But what about the technical side for BTC? What levels can be observed?

Bitcoin (BTC) chart rating

The leader of cryptocurrencies, which has been trading in a downtrend since $ 29,700, is currently trading at $ 26,000. After hitting $ 25,140, ​​BTC, which broke the $ 25,837 resistance with volume, continues to maintain this level as support. Considering the uncertainty in the market, the buyer-seller war seems to be getting hotter.

If buyers at $26,000 fail to hold the price, $25.873 can be expected to act as support. In the event that this value cannot hold, the probability of a decrease to $ 25,258 and $ 24,832 will be strengthened. The flow of news in the industry and general financial markets will be critical throughout this process.

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