This is a strike-ladder on where Bitcoin settles September 20, and the interesting rung is $78,000 at 41 percent. Bitcoin traded around $76,600 on September 18, with a 24-hour range of roughly $75,250 to $77,000, so $78,000 sits just above the recent ceiling and the market is pricing a coin that has to climb a little to clear it. Analysts frame $76,000 to $78,000 as the near-term band, with a break above $78,000 opening $80,000 and a loss of $75,000 exposing $74,000. The tails look right, with $84,000 and up near zero and $72,000 down near certain. The real question is a two-day random walk off a level the price keeps bumping against.
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