Has Bitcoin Bottomed??
Bitcoin dumped for most of the day yesterday, finally finding support at 33K. We saw support just above our level at 32.3K, confirmed by a green triangle on the KRI. Subsequently, we were able to rally back to the 
36K handle, breaking 36.7K barely, and making a run for 37.7K. This is the type of buyback we'd expect at the bottom, so we will see if current levels hold. The Kovach OBV has picked up notably, but may be showing signs of waning. If we are able to keep the momentum up, then we will have to definitively break 38K before we can regain the 40K handle.
36K handle, breaking 36.7K barely, and making a run for 37.7K. This is the type of buyback we'd expect at the bottom, so we will see if current levels hold. The Kovach OBV has picked up notably, but may be showing signs of waning. If we are able to keep the momentum up, then we will have to definitively break 38K before we can regain the 40K handle.
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