Up-to-date Bitcoin Analysis!

Bitcoin continues its downward movement from the region we mentioned in the previous analysis.

When we examine the current support zones of Bitcoin, the closest support zone is located at $21,550. Bitcoin could make bearish moves to the support level at $21,550 in the coming days.

If Bitcoin clings to this support level, it can start the upward movement from the support area to the $23,000 levels again. However, Bitcoin needs to continue candle closings above the $21,550 level to start the bullish move.

Not Investment Advice.