BTC/USD Elects Stops Below 34946: Sally Ho’s Technical Analysis 21 June 2021 BTC

Bitcoin (BTC/USD) remained pressured early in today’s Asian session after depreciating below the 34000 figure during the North American session and trading as low as the 33347.05 area, representing a test of the 76.4% retracement of the appreciating range from 31004.95 to 41322.55.  Significant Stops were elected below the 34946.27 area during the depreciation, representing the 61.8% retracement of the same range.