Another Selloff in Bitcoin!!!

Bitcoin took another giant dive over the weekend. It has found support exactly at our technical level of 41.9K. We are currently facing resistance from technical levels between 45K and 46.2K. This will take some momentum to break through, but but if we can, the next target will be 48.2K, which was once our absolute lower bound. Both Kovach momentum indicators are bearish suggesting we are oversold and due for some bull momentum.