Bitcoin is struggling to maintain the $20K's. It is forming a very narrow range between $19.7K or so and $21.5K. The Kovach OBV has flatlined, and the lack of buying interest suggests another dump may be in order, unless stocks have a breakthrough and can break out of their malaise. We must solidly clear $20.7K before attempting higher levels, the next target being $22.4K. In the event of another sellof, we expect $17K to hold as a floor for now.
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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.