Bitcoin has blasted through lower levels to find support around
42K exactly as we anticipated here in these reports. It plunged through support at $43.1K but so far, levels at
41K and
42K are holding. If more FUD comes through we anticipate $40K to be a floor for now. If we are somehow able to muster the strength for a rally then $43.1K and $43.8K are the next targets above. The Kovach OBV is pretty flat so we will need more momentum to come through for this to be the case.
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Join my discord at discord.io/quantguy
Related publications
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.