BTC/USD Sinks to 28800: Sally Ho’s Technical Analysis 23 June 2021 BTC

Bitcoin (BTC/USD) reclaimed some lost ground early in today’s Asian session as the pair appreciated to the 32065.81 area after trading as low as the 28800 area during the North American session, with the interday low representing a test of the 76.4% retracement of the broad appreciating range from 17580 to 64899.  Traders anticipate large Stops below the 28747.28 level, and their election could open a test of major technical support around the 27706, 27317, 27175, 26593, and 26235 areas.