BTC continued to perform strongly into the weekly close and open, and this morning it is facing resistance at the $22.4k level which was rejected 10 days ago. This time, there does seem to be more strength and the price is holding this area better. If it can close above $22.5k, the next obvious target would be clearing
23K which would take us out of the range we have been trading in over the past month.
If we were to see a pullback, $21.7k-$21.5k looks a good area to see a reaction from.
It will be interesting to see how US stocks open today, futures looking green at the moment.
If we were to see a pullback, $21.7k-$21.5k looks a good area to see a reaction from.
It will be interesting to see how US stocks open today, futures looking green at the moment.
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