ANALYSIS
NQ100 Finds Support from PPIApr 14
The Selling Pressure Continues in BTCUSD
In addition to the pressure in the money markets, the concerns caused by the theft of the 160 million dollar cryptocurrencies of Wintermute, which operates as a market maker, mobilized the sellers in Bitcoin. When we examine it technically, the cryptocurrency, which may be subject to selling pressure in its persistence below the $19,500 level, which indicates the descending minor trend line, may first want to decline to the support levels of $18,500 and then $17,500 dollars. Otherwise, $20,500 levels will be our current resistance in the possible transitions on the descending trend.
