Mon Apr 18, 2022
Bitcoin is still bearish
Low risk appetite in the financial markets and the movements of US index above 100 threshold are putting pressure on Bitcoin. Technically, as long as BTC stays below 40 000 resistance level, sales pressure will continue and target 38 000 and 37 000 support levels below. On the other side, 41 400 will be on our radar for possible rises above 40 000.