Bitcoin as wavered and tapered down against the hopes of many perma-bulls. We are still caught in the range between $19.0K and $19.5K. Dedicated readers should be tiring of these numbers but should be banking off of the mean reversion trades we have seen come to fruition, right here in these reports, for the past month. Again, it is unlikely we will see any miraculous burst of momentum, but if we do, $20K is a hard ceiling for now. As a floor, $18.6K should provide further support.
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