I think many bought at the 200 WMA around $22222 and many are buying the $20K wall. However it looks like the wall is getting eaten and most likely in the next 24-48 hours it might break.
If we close on Sunday under the 200WMA it will mean that the technical signal is no longer reliable. The next 72 hours are very critical.
Tomorrow will be a huge day due to the stock option expiry and will provide lots of volatility.
Yesterday I still saw the price of bitcoin was still around $21K and today it started to drop to $20K and this is a sign in the next 24 hours or 72 hours something they expect to see prices below $20K will happen in the near future And they will buy even more bitcoins to hold on to.