BTCUSD

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BTCUSD

Bitcoin erased all the losses it made last week due to the Mt. Gox Incident and the re-selling pressure of the stolen 850 thousand Bitcoins, but BTC also got its share of the NDX Technology index's decline due to the failure of TESLA GOOGLE Balance Sheets to meet the expectations. BITCOIN, which was at the level of 64260 while the Analysis was being prepared, can remain strong, which shows us that it will not fall to those levels without a very important decline story in order to go below $ 50000. On the technical side, BTC broke the daily band of $ 65590, and in open retreats up to $ 66740, the most important support level is $ 63520, and if the selling position continues from here, we can see a retreat to $ 61930. Support: 63520 - 61930 Resistance: 65590 - 66740