Sunday, November 27, 2022
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Bitcoin below $21,000

Today Bitcoin was slightly above $20,700 but has since fallen off the highs. Based on chart analysis, the Relative Vigor Index may be turning down. If the crypto cannot push up past 21,000 this weekend, a high this week, it may fall back towards 20,000 or below. We’ll look to enter below 20,000 if short-term charts indicate a move upwards, or around 21,000 if the crypto breaks through that point. All depending on what the chart indicators are saying.

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