Following a high of $21,345.25 on Sunday,This drop comes as the world’s largest cryptocurrency was unable to move beyond its long-term ceiling at $21,400.Looking at the chart, this was somewhat expected, due to the 14-day relative strength index hovering in overbought territory.
As of writing, price strength is currently tracking at 86.65, after failing to move north of the 90.00 mark. It is likely that further declines could be on the cards this week, with a floor of $20,000 a potential target for sellers.
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