$BTC - What's Next?

20.4k - 21.5k - Quite a likely area to leg down to and start ranging for possible accumulation or further damage. As syncs nicely with old CME gap, a good stack of activity and weekly pivot. Smashing through this area will be an in credibly bearish sign.

We are additionally at the mercy of some wider FUD now with a lot of banks globally cutting ties with depositing fiat into crypto services (as the CBDC's are looking confirmed now) and Kraken-SEC FUD.