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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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.