Bitcoin has risen sharply off a rally in stocks and a strong selloff in the US dollar. We have blasted through $20.7K and have almost completely crossed the vacuum zone to the next level at $22.4K. However, we are running into resistance confirmed by a series of red triangles on the KRI, and thus the price action is likely to round off some point soon. If we reject $22.4K, we will likely see support from $20.7K. If the rally continues, then $23.9K is the next target.
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