Bitcoin Rejects $25K
Bitcoin hit our level at 25.1K exactly, before rejecting this hard and retracing back to support at 23.9K. A red triangle on the KRI at 25.1K confirms how much resistance BTC is dealing with at these highs. The Kovach OBV is still strong, however, but if we are able to pivot, we still must solidly break 25.1K before attempting higher levels. If support fails, then there is a vacuum zone below to 22.4K, where we should see further support.
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