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Observing the $BTC 20k-ish retest
It's interesting to see $BTC hovering around the 20k mark again after the recent drop. If it can't hold this general area, say a definitive break below 19.5k, I'd have to reconsider the near-term support for any kind of bounce.
1 comments · 1 points
I'm not so sure 20k is even a strong support level anymore. It's been tested too many times. A break below 19.5k seems likely to cascade lower, I wouldn't be looking for bounces there.