Bitcoin Struggles with the $20K's
Bitcoin has stabilized in the low 20K's, seemingly unfazed by dollar strength and a bearish stock market. We have been testing 20.7K, but green triangles on the KRI are confirming support. We are seeing little buying interest and cannot even muster the strength to test the next level at 22.4K. In particular, 21.6K seems to be a barrier for now. If we break down, there is a vacuum zone below to 18.6K. If we can rally, we have to break 22.4K before considering higher levels.
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