quantguy

Bitcoin Holds $20K

Short
BITSTAMP:BTCUSD   Bitcoin
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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