Bitcoin has made an attempt at a rally, but several red triangles on the KRI have suggested resistance. We seem to have topped out just below our level at $45K for now. The Kovach OBV has quickly leveled off as we encounter resistance. It appears we are in a broad sideways corrective pattern after a large rally took us back to the $40K's again from the high $30K's. If we retrace further, we should see support at $41.9K and $41.6K. If we catch another burst of momentum, we will surely encounter resistance at $45K, then $45.6K, then $46.2K. If we are able to clear these levels the next target is $47.4K, but based on the price action and momentum, this is not likely for now.
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