Bitcoin is ranging, but volatility appears to be consolidating at $62.4K. We are currently finding support at $61.6K. The Kovach OBV is completely flat, suggesting we should not expect any immediate drastic moves, however the volatility has consolidated quite a bit which suggests that we will breakout soon. Our next target is $64.3K from above. If weakness sets in, then $59.4K is the next level down.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.