ANALYSIS
NQ100 Finds Support from PPIApr 14
The Weakness Continues in Bitcoin
Bitcoin, which has lost value in the face of restrictive monetary policies by advanced central banks, remains weak as some institutions hold on to their short-term low price expectations. From a technical perspective, cryptocurrency favoring the descending channel could fall back to the critical support levels of $20,000 and then $17,500 as long as it remains below the $23,000 level. Otherwise, in possible upside attempts above $23 thousand, $24 thousand 250 will be in our follow-up as resistance.
