ANALYSIS
NQ100 Finds Support from PPIApr 14
The Losses May Continue in Bitcoin
Bitcoin, where selling pressure increases after the rising channel breakdown, is seen to be weak against the strong dollar. When it is technically examined, the previous bottom level of $18,600 will be decisive in terms of the continuity of sales in cryptocurrency. Possible permanent resolutions under this region could bring forward the support levels of 18 thousand followed by an extension level of %61 for Fibonacci of $16,700. Otherwise, 19,500 USD levels can be considered as resistance to possible response purchases during the day.
