BTC had been resilient
The hawkish Fed shift strengthened the USD, but BTC had been fairly firm.
However, there is now some weakness and this could be a delayed reaction to all that USD strength. Also some more China mine closures being touted as reasons for weakness today.
If $30,000 breaks expects stops to be tripped. It looks weak.
This article was originally published by Forexlive.com. Read the original article here.