ANALYSIS
NQ100 Finds Support from PPIApr 14
17 500 is Critical for Bitcoin's Recovery
Despite the optimistic outlook in the global investor risk sentiment, Bitcoin is struggling to find demand as a result of the wave of bankruptcies in the cryptocurrency market following the FTX crisis. At this point, the 17 500 resistance is critical for the start of buying scenarios. Unless the 17 500 level is exceeded with permanent closures, bitcoin has a very high risk of breaking the 16 345 support and falling to a 2-year low at 15 120, behind 15 730.
