Bitcoin caught a huge lift, after ranging between $38K and $40K. This perhaps was driven by news that Santander is launching loans backed by tokenized commodities such as grains and soy. This is a significant development for crypto, and is bigger than the "Bitcoin ETF", which is currently pegged to Bitcoin futures prices, not a basket of crypto holdings, at least in the US. It has held current prices despite possible risk from news that Biden is to sign an executive order studying current Federal crypto policies. We are currently testing $42K, but the Kovach OBV has turned up notably. If momentum continues then the next targets are $43.1K then $43.8K. If we retrace, we could reestablish the previous trading range between $38K and $40K.
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