Bitcoin caught a nice pivot from lows around $18.6K. This has proved to be a consistent lower bound with $17.6K an absolute floor if a selling wick were to come through. We should have resistance from current levels at or near $20K. If we are able to break through $20.7K then $22.4K is the next target, but we don't anticipate much momentum before the FOMC tomorrow.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.