Bitcoin Weakens, Support Holds
Malaise is still permeating the crypto market. Bitcoin does appear to be holding the mid-upper 40K well. It continues to find support at 
46K, which appears to be the lower bound of perhaps a large bear wedge forming. We should have good support below from a cluster of levels around 45K, but after that we may see support from 43.8K after crossing a vacuum zone. The Kovach OBV is rounding off suggesting momentum is drying up further.
46K, which appears to be the lower bound of perhaps a large bear wedge forming. We should have good support below from a cluster of levels around 45K, but after that we may see support from 43.8K after crossing a vacuum zone. The Kovach OBV is rounding off suggesting momentum is drying up further.
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