ANALYSIS
NQ100 Finds Support from PPIApr 14
The Recovery Trend Continues in Bitcoin
In addition to VISA's launch of Bitcoin cards in Latin America, the announcement that Deloitte and NYDIG have partnered to provide banking services with Bitcoin allows us to see buyers' movements. Technically, when we examine the descending minor channel break, if the subsequent purchases gain strength, we will follow the resistance levels of 21 thousand 750 and then the 50-period exponential moving average of 23 thousand dollars. In the opposite scenario, the $19,500 level will be our strong support in possible retracements.
