These Factors Will Weigh on Bitcoin This Week...
Strength in the US dollar and more hawkish Fed outlook has impacted the crypto market. Bitcoin has plummeted from relative highs around 
25K back to support at 20.7K. We are currently seeing strong support at this level confirmed by green triangles on the KRI. But we are unable to muster the strength for a pivot at this time. If we do, then 23.9K is the next target. If support around 20K fails, then we will enter the value area between 18.6K and 20.7K again.
25K back to support at 20.7K. We are currently seeing strong support at this level confirmed by green triangles on the KRI. But we are unable to muster the strength for a pivot at this time. If we do, then 23.9K is the next target. If support around 20K fails, then we will enter the value area between 18.6K and 20.7K again.
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