BTCUSD

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BTCUSD

After experiencing the highest volatility of recent times on Monday (BTC, which fell below $ 50,000, albeit in a small time interval during the day), after the recession concerns in the US were somewhat reduced, the markets showed some relief and managed to rise above $ 57,000 by more than 10% yesterday and this morning. In addition, the geopolitical risk perception remains high, it is useful to be careful. BITCOIN, which was at the level of 56,780 while the Analysis was being prepared, can remain strong, which shows us that it may not go below $ 50,000. On the technical side, BTC, after breaking the daily $ 57,990 band, is the most important support level at $ 55,520, and if the sell position continues from here, we can see a pullback to $ 53,030. Support: 55,520 - 53,030 Resistance: 57,990 - 59,740