Bitcoin Still Holding the $20K's

2 בספט׳ 2022

Bitcoin is still wavering in the neighborhood of 20K. We dipped several times into the 19K's with 19.5K a consistent lower bound, thus we have added it as a new level. If support breaks here, then 18.6K is the next level down. If we are able to build some momentum, 20.7K should provide resistance, then 22.4K is the next target after that. The Kovach OBV is still abysmally bearish, but does appear to be leveling off, suggesting that we may have bottomed out in this price range.