Bitcoin

Bitcoin Dips, Finds Support

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Bitcoin has dipped further, breaking down from the $60K handle. We broke past $59.4K, the first level in the $50K handle. Currently, we appear to be finding support just above $57.7K. The Kovach OBV has dipped significantly, registering the selloff. We are seeing a green triangle from the KRI to suggest support, but if not, we anticipate support at $56.8K, and $55.7K.

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