BITSTAMP:BTCUSD   Bitcoin
Today, the price of Bitcoin is stable, maintaining around the $1950 level. Yesterday, it fell again to the $18,500 level, where we have had support for the previous ten days. For now, it is calm, and we are waiting for data on US inflation, which will be published before the start of the US session. Everything depends on that data and how it will affect the dollar index. We need to climb above the $38.2 Fibonacci level to continue the bullish option. We succeeded in that yesterday, and if we did it again today, we would have a better chance of forming a new higher high. Target is 61.8% Fibonacci level at $21000.

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