ANALYSIS
NQ100 Finds Support from PPIApr 14
Bearish momentum continues in Bitcoin
In addition to the lockdown measures in China, expectations that the Fed will start monetary tightening have limited purchases in Bitcoin. Technically, as long as it stays below the 50-period exponential moving average indicating 40 750, losses are likely to deepen towards 39 200 and 38 000 supports. On the other side, 41 500 resistance will be on our radar.
