Bitcoin has retraced a bit from highs around our level at $20.6K. Attempts to break higher have been rejected, and many red triangles on the KRI seem to indicate that $21K is a ceiling. We do appear to be forming a bull flag pattern, which will require some momentum follow through to break out. If not, we are likely to cross the vacuum zone down to support at $19.5K or $19.0K. We expect $18.6K to hold as a floor price.
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