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Bitcoin Slumping

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Bitcoin continues to edge down from our level at $20.7K. We made a concerted effort to break through to the $20K's, but a persistently hawkish Fed has dampered attempts to reach $22.4K, our next target. The price action is looking weak and the Kovach OBV remains relatively flat. Expect support at $20K, then $19.5K if things turn south.

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