ANALYSIS
NQ100 Finds Support from PPIApr 14
Volatility Increases in BTCUSD
The ongoing liquidity tightness in the FED-based markets and the weak course in the global risk appetite cause selling pressure in Bitcoin. When we examine it technically, the levels of 18 thousand 100 dollars will be determinant in terms of accelerating the declines in the leading cryptocurrency. Possible permanent transitions under this region may bring the Fibonacci 61% extension region 17 thousand 500 and then 16 thousand 750 dollars support levels to the agenda. On the other hand, in the possible response purchases during the day, the $19 thousand 250 levels can be considered as resistance.
