Bitcoin has edged lower, but is finding good support around $20K. We gave up $20.7K entirely, but are holding just above $19.5K. A wick tested this level and it held strong. Green triangles on the KRI further confirm the support here. If we are able to pivot, then $20.7K is almost sure to provide prohibitive resistance. If current levels break, then we will likely see support at $18.6K.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.