After a drop, BTC -7.13% finds perfect support from both the trendline and 50-day SMA around $13,850 and returned quickly above $14.000 level. BTC -7.13% will be negative only under $12,000 level .
Upside, we have some resistance barriers like $15.500 and $16,500 which are the 50 and 61.8 percentFibonacci retracement levels. But the most important one is $ 17,000
if BTC -7.13% manages to go above this level and sustains above it we expect a visit to $20,000
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