Hello dear traders! Bitcoin has been trading near the crucial level of 20K during this week. Though it has been trading a little above it mostly, there have been a couple of wicks below it as well. We already have seen the hidden bullish divergence on the 1W timeframe. RSI is oversold but it is turning upwards now. There is a good chance that it can bottom out here. However, a decisive break below 20K can drop it hard to 12K indicated by the FIB extension and complete the target of Bearish flag breakdown on 1W TF.