BTCUSD

Bitcoin experienced some profit taking yesterday after recovering from a sharp decline that occurred last week and Monday in 2 days. Today, BTC, which is trying to accelerate upwards again, has a current price of $57940. The main reason for last week's decline is the start of refunds to customers who suffered losses in the hack of cryptocurrency platform Mt. Gox in 2014. More than 140,000 bitcoins were recovered from the total hack of 940,000 BTC. If creditors decide to take profits, it means big sales, because the value of one bitcoin was $451 at the time of the bankruptcy. On the technical side, after breaking the daily $57020 band, the most important support level is $57020, and if the selling position continues from here, we can see a pullback to $55930. Support: 57020 – 55930 Resistance: 58990 – 59940