Bitcoin
Long

Bitcoin Breaks Out!!

140
Bitcoin caught a nice rally as crypto saw an influx of buying momentum from the stock market rally. We were finally able to break through 31K, which was a hard upper bound for a two weeks. We were able to hit our next target at $32.3K, with a wick barely touching it before retracing to the mid 31K's. So far, the targets in these reports were spot on. Recall that we predicted the first target to be $$32K, with a ceiling at $34K. The Kovach OBV has edged up, but we are still skeptical of this rally until we can solidly break $34K. We should have good support at $30K, in the event of a retracement.

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