BTC moves below $22,000 to start the week.
/USD slipped to an intraday low of $1,506.66 to start the week, as prices continue to consolidate for the seventh consecutive session.
This week-long consolidation has been taking place between a floor of $1,500, and a recent price ceiling of $1,650.Looking at the chart, this sideways trend began following a failed breakout of the 69 resistance level on the 14-day RSI. The index is now tracking at 59, as it heads towards another point of uncertainty, which is at 57. Should relative strength fall below this point, we may see further declines.Tags in this story
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