ANALYSIS
NQ100 Finds Support from PPIApr 14
39 500 is critical in BTC
Slight ease of tensions between Russia and Ukraine has increased the volatility in financial markets, leading to purchases in Bitcoin. However, regulative steps are likely to be taken in order to stop denting sanctions implemented on Russia. Technically, upper line of the descending channel indicating 39 500 will be on our radar. If this level is broken upwards, we will target 40 500. On the other hand, 37 400 will be our strong support in case sales continue in the cryptocurrency.
