BitcoinLong
Bitcoin Consolidates Below Highs
Bitcoin has pulled back from highs, but is holding a narrow range, finding support at our level at 66.3K. This is the exact level we identified yesterday. The Kovach OBV has waned a bit suggesting momentum has petered out in BTC for now. If that is the case, then the current range should hold, but if we break down further, anticipate support at 64.3K, then 62.4K. We must solidly break 68.6K, then 70.6K is our next target.
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