Bitcoin has gained off a weaker dollar and strength in the stock market. We are currently contending with $19.5K. As we have mentioned here many times, this level will provice signficant resistance and we are not likely to make it to $20K. But if so, we expect $20K to be a ceiling for now. We are seeing strong resistance at $19.5K right now, confirmed by multiple red triangles on the KRI. If we reject this level, expect support at $19K or $18.6K.
Join my discord at discord.io/quantguy
