ANALYSIS
NQ100 Finds Support from PPIApr 14
40k will set the tone in Bitcoin
Russian President Putin’s statement that there are certain positive shifts, negotiators on our side tell me, has contributed to the volatility and thus, bullish moves in BTC. Technically, as long as it stays above 40 000 level indicated by the 50-period simple moving average, we will follow 41 000 and 42 500 resistance levels. On the other side, lower line of the minor ascending channel, which is 38 600, will be on our radar.
