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.
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