ANALYSIS
NQ100 Finds Support from PPIApr 14
$19K Will Be Decisive in BTCUSD
In addition to the interest pressure in the money markets, the increasing geopolitical tensions in the global markets cause selling pressure on Bitcoin. When we examine it technically, we will follow the rising channel lower band in terms of the continuity of the declines in the leading cryptocurrency. Possible decreases in this region, which points to the levels of $19,000 , may bring the support levels of $18,100 and then $17,500 to the agenda. Otherwise, if the rising channel pricing is maintained, the $19,650 levels can be considered as resistance.
