Despite BTC breaking to the upside recently, Bitcoin has not only retraced, but has begun breaking key support levels within the OBV oscillator. OBV beginning to break levels of support is the calm before the storm - especially while under areas of supply. As long as these current conditions hold under 40k, I expect ~37k & possibly ~35k. Lots of volatility as of late.
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.