Bitcoin loses mid-channel support, headed to 20,000 or less
Simple trading channel technical analysis. See my post from 5/15. After consolidating along mid line of the blue channel, bitcoin lost support this weekend and head down to at least the bottom of the channel. Look for bounce at the 20,000 level, maybe test 19,000. Longer term could see drop to the green channel, but 11,000 looks like very strong support.
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