BTCUSD is trying to stay close to 20K

Following the downward movements within the week, we observe reaction purchases in BTC due to the lack of momentum in the rise in US Index. Technically, the cryptocurrency has broken the upper line of the descending minor channel. If it exceeds 20 000 level strongly, it will possibly take 20 650 and 21 500 into its radar. On the other side, possible downward movements in Bitcoin may deepen towards 19 200 support level.