Bitcoin got a lift with stocks as the FOMC decision finally came. The markets were largely pricing this in and due for a relief rally. This lifted us from the $30K's to test $41K. Unfortunately for bulls it seems that $41K is a barrier for now. The Kovach OBV has lifted notably but has leveled off. We are likely to range here as we feel out higher prices. We should find support at $40K. Our next target is $43.1K.
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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.