Bitcoin has found stability in the upper 
29K handle. It has just now been able to recover $30K and is hanging onto this level by a thread. We do appear to be seeing a bull wedge forming and the Kovach OBV has been steadily climing, suggesting a breakout may be near, especially if we see a rally in stocks today. If we do breakout, then $32K is the first level to break before considering further resistance in the $34K's. If we retrace, we will have strong support from 
27K and $28K.
29K handle. It has just now been able to recover $30K and is hanging onto this level by a thread. We do appear to be seeing a bull wedge forming and the Kovach OBV has been steadily climing, suggesting a breakout may be near, especially if we see a rally in stocks today. If we do breakout, then $32K is the first level to break before considering further resistance in the $34K's. If we retrace, we will have strong support from 27K and $28K.
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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.