Bitcoin dumped for most of the day yesterday, finally finding support at $33K. We saw support just above our level at $32.3K, confirmed by a green triangle on the KRI. Subsequently, we were able to rally back to the $36K handle, breaking $36.7K barely, and making a run for $37.7K. This is the type of buyback we'd expect at the bottom, so we will see if current levels hold. The Kovach OBV has picked up notably, but may be showing signs of waning. If we are able to keep the momentum up, then we will have to definitively break $38K before we can regain the $40K handle.
Join my discord at discord.io/quantguy
