ANALYSIS
NQ100 Finds Support from PPIApr 14
Volatility is Weak in BTCUSD
Despite the efforts to return from the bottom, the strong course of the dollar index and the continuation of BTC sales to meet the increasing costs of Bitcoin miners cause us to see horizontal price movements in the leading crypto money. Technically, the minor rising channel lower band of $19, 500 will be our close support in the resolutions below the $20, 000 level. Breakdowns in this region may bring support levels of $18, 500 and then $17, 500 dollars to the agenda. In the case of possible reaction purchases in the opposite scenario, the $ 20, 400 levels will be followed as a resistance.
