ANALYSIS
NQ100 Finds Support from PPIApr 14
Will Bitcoin hit 50K ?
Despite the low risk-taking tendency in the markets, Bitcoin has turned from the oversold zone and has broken the upper line of the descending channel. Technically, we will closely follow 41 400 level. If BTC settles above this level, we will follow 42 500 and 44 000 resistance levels closely. And BTC will be likely to pave the way for 50 K in the blink of an eye. On the other side, 40 000 USD will be on our radar against possible sales.
