ANALYSIS
NQ100 Finds Support from PPIApr 14
$19,500 Level Will Be Determinant in Bitcoin
SEC Chairman Gary Gensler said in a statement during the day that he supported a bill that gives CFTC, another leading market regulator of the USA, more authority on cryptos, resulting in sales pressure on Bitcoin. When technically examined, cryptocurrency, which may tend to loosen in permanence below the level of $19,500, may first decrease to $18,500 and then to $17,500 support levels. Otherwise, $20,700 levels will be our current resistance in possible trials over $19,500.
