Bitcoin Retraces, Still Looking Bullish 📈🤑

22 באוק׳ 2021

Bitcoin has faced resistance after making all time highs. We saw a dip down from 66K to support at 61K-62K. These were the exact levels we identified yesterday. This dip is but a small hiccup in comparison to what we've seen in the past. If the selloff continues, we should find support at 59.4K or 57.7K. The Kovach OBV has dipped with the correction, but is starting to turn bullish again, so watch for support at current levels to hold. We are seeing a green triangle at 61K from the KRI, and some consolidation here.