ANALYSIS
NQ100 Finds Support from PPIApr 14
Bitcoin Leads to Sales After Inflation Data
Bitcoin, which has shown strong rises since the beginning of the week, has been limited to the increase of CPI figures above the market expectations in the USA. When technically examined, cryptocurrency, which may be subject to selling pressure in its persistence under the level of $23,500, which points to the downward trend line, may first decrease to $20,600 and then to $19,500 support levels. Otherwise, in possible attempts during the day, $22,500 levels will be our close resistance.
