Bitcoin

Can Bitcoin Test $25K Again?

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Bitcoin rejected higher levels at $25.1K, but is finding strong support at $23.9K. Support is confirmed by green triangles on the KRI. The Kovach OBV is still strong but has retraced slightly with the retracement. If current levels fail to hold, then there is a vacuum zone back to $22.4K. If we are able to pivot from current levels, we must first break $25.1K before we are able to consider higher levels. We should see significant resistance at $25.1K.

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