ANALYSIS
NQ100 Finds Support from PPIApr 14
BTCUSD Is Losing Momentum
China's increasing pressure on cryptocurrencies and the decrease in intraday demand for its risky assets cause price movements in Bitcoin. Technically, we will follow the rising minor channel lower band of $22,500 in terms of acceleration of the relaxation in crypto money. Possible permanent breaks in this region may bring the support levels of 2$1,650 and then $20,650 points to the agenda. Otherwise, if the minor uptrend is protected, the $24,500 resistance remains important.
