Bitcoin Pulls Back
As predicted, Bitcoin was not able to sustain highs and rejected 23.9K, falling back to support at 22.4K. We are seeing a great deal of support, confirmed by multiple green triangles on the KRI. It seems likely that BTC will range between 22.4K and 23.9K until some definitive momentum comes through. Note that if we break through 22.4K, we are likely to reestablish the range between 18.6K and 22.4K.
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