BRTI – CME Bitcoin Index (Last:20,488)

A week of pussyfooting at the 21,318 midpoint support has given way to a so-far modest breach, but the damage looks significant enough to eventually send this bitcoin proxy down to at least 15,800, the ‘secondary’ Hidden Pivot. Further downside progress to D=10,282 is not yet a done deal, however, even though there is an even lower target at 9507 that was noted here earlier. If Bertie should rally first, it would offer short sale rated at around 7.3 at x=26,836, stop 32,355.