While the tension between Binance and FTX in the crypto money market continues, Bitcoin (BTC) has lost close to 5% of its value.
Bitcoin TSI fell sharply towards the morning hours and fell below the $20,000 level, which appears to be a psychological zone. In this process, approximately 300 million dollars long (long) The position was liquidated.
After speculation on the balance sheet of Alameda Research, one of the subsidiaries of FTX, Binance has released all FTX tokens (FTT) liquidation had taken the decision. The debate that started after this decision including FTT. affected cryptocurrencies.
Bitcoin Technical Analysis
100 days moving Bitcoin, which failed to stay “again” above its average, Between Binance and FTX decreased with the tension.
21,500 dollars Bitcoin, which experienced a sharp decline after the decision to rise to the levels, At $19,600 It seems to have received a small response from the “green zone” order block located in
Support level considered “quite tired” if the decline continues 18,600 It is thought that the dollar may lead to bad scenarios for Bitcoin. However, if it starts its upward movement with the reaction it receives from here, Bitcoin will again 21,500 after dollars 25,000 up to $.
- The data contained in the content is the editor’s own thoughts. It certainly does not contain investment advice.
