BTC came as low as $19617.62 02:00 am (UTC+8), bouncing from the key support. However, it’s not ending the downward risks. Breaking down the line will see a greater slide down.
Today, only by breaking $21535.30-$20611.82 could BTC come back into the wide consolidation range. $21896.70 should be the center of the range. The movement is still considered weak before breaking up the center.
$18426.79 is the next support if it slides down.
The market expected interest rate hike in September: 75bp(67%),100bp(33%)