Bitcoin has recovered from a sharp dip from highs. We got smacked down from $66.8K to test the lower $60K handle, finally finding support at $62.4K, confirmed by a green triangle on the KRI. we are currently facing some resistance at $66.3K, as confirmed by two red triangles on the KRI. The Kovach OBV is pretty flat, so we anticipate further ranging in the $60K's. From above, the next target is the high at $66.8K, from below we have $64.3K and $62.4K to provide further support.
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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.