Bitcoin took another dive after flirting with the $45K's. We were encountering choppy trading with thin volume and the Kovach OBV has completely leveled off confirming the ambivalence. We do appear to be seeing support just below $45K, but if this does not hold, there is a vacuum zone back to $43.8K. We will have further support around 
42K and $40K if the selloff continues. If we are able to pivot from current levels, then $$47.4K is the next target.
42K and $40K if the selloff continues. If we are able to pivot from current levels, then $$47.4K is the next target.
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Disclaimer
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.