Bitcoin Holds the Range... For Now

15 במרץ 2022

Bitcoin is ranging safely in the 38K's. We made a brief attempt at 40K again which was quickly batted down. Resistance at this level is confirmed yet again by a red triangle on the KRI. We appear to have strong support from 37.7K, with this level holding strong after an attempt to test lower levels. If these levels do not hold, watch the vacuum zone to 36.7K. From above, 40K seems to be a prohibitive barrier, but if we can break through the next target is 40.8K then 41.6K.