ANALYSIS
NQ100 Finds Support from PPIApr 14
The Recovery Gained Strength in BTC
In addition to the optimism in the Asian markets, the easing in the dollar index allows us to see reaction buying in bitcoin. If we look at it technically, the cryptocurrency that broke the upper band of the lower side channel can carry its gains to the resistance levels of $31,400 and then $32,500 if it can hold above the level of $30,000. Otherwise, the level of $29,200 can be considered as support in case of possible resolutions below the level of $30,000.
