Bitcoin Rejects Highs
Bitcoin is facing resistance at 23.9K, exactly as we have anticipated, and have wrote about at length here. This is a strong technical level and is providing prohibitive resistance at the moment. The Kovach OBV is still strong, but it will take another burst of momentum to test higher levels. If so, then 25.1K is the next target. If we reject current levels, then we should have support at 22.4K.
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