Bitcoin is tending toward the upper bound of the range at $20.4K or so at the time of this writing. We are just below a strong level of resistance at $20.7K. If recent history serves as a good indicator, we should see strong resistance here, and are likely to reject this level, and test the lower bound of the range again at $20K or $19K. If we can muster a breakout, then $22.4K is a likely target.
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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.