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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