18k looks pivotal again for Bitcoin today

Yesterday Bitcoin flipped around either side of 18,000. The price dropped back from an earlier high at 18,643 to as low as 17,914. It then rebounded again, rising back above 18,400 ahead of the US close. Today it has fallen back again, dropping below 18k, to as low as 17,734 a short while ago. The news reported here yesterday; that UK retailers are going to have to exit generic, synthetic leveraged Bitcoin trades by January 6 might be part of the short term price action that is being seen this week. That is unclear, but it cannot be a positive. The price has rebounded a little off the lows right now but a continuation of this current corrective move lower does seem to have more traction again this morning. Bitcoin is currently trading at 17,905