ANALYSIS
NQ100 Finds Support from PPIApr 14
Relaxation Tendency Increases in BTCUSD
In addition to the strength gain in the dollar index, the FED's statement published yesterday stated that banking institutions that want to engage in cryptocurrency activities should inform the FED first, which caused sales in Bitcoin. Technically, if the crypto money, which erodes the rising minor channel lower band, can pass below $23,600, Fibonacci can bring the 38 percent correction level to $22,600 and then $21,800 to the agenda. On the other hand, in the possible recovery movement in the opposite scenario, the $ 24,400 level can be considered as a resistance.
