Bitcoin
Singkat

Bitcoin Pulls Back

209
As anticipated, Bitcoin has fully retraced the entire breakout, to the upper bound of the range it has held since mid June. We are finding support at $20.8K, but after that we will reestablish that value area. We should have further support around $20.8K, then $18.6K, which is the lower bound. The level $17.6K should be considered a floor in case things get really ugly. If we are able to break out again, then $23.9K is the next target, if we can break through $22.4K. Anticipate the market to be quiet before the FOMC meeting today.

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