Despite the move in bitcoin, a failure to breakthrough $6,750 may be a bad sign for additional weakness to come unless good nees come out and becomes a catalyst for demand, like the pending ETF decisions.
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We get the answer from the SEC and price reacts. Time to test the bottom of that range at $6000
https://www.sec.gov/rules/sro/nysearca/2018/34-83904.pdf
The price spike around the Bitmex event could not have helped. It happened in front of their eyes while they were meeting.