Bitcoin to $50K??

10 באוג׳ 2021

Bitcoin is consolidating in a cluster of our levels between $45-46K. This is a strong sign for the once belabored coin, which could barely cope with 34K a few weeks back. Typically, BTC swiftly rejects prices if it cannot sustain them. Our next level is 48.2K, and there is one more level at 49.7K before we are able to contend with the psychologically significant 50K level. The Kovach OBV is still very strong, but has tapered slightly as BTC establishes value at current levels.