37 500 will be critical in Bitcoin



US index hit the highest level of the last two years, leading to the ease of panic in the financial markets and sales in BTC was limited.  Technically, Bitcoin is at the lower line of the minor channel and we closely follow 37 500 level. Above this level, bullish momentum is likely to bring us towards 40 750 and 41 500 resistance levels. On the other side, downwards movements below 37 500 will possibly deepen to 35 500 support level.