Bitcoin Regains $40K's!! 📈🤑🥳

1 mar 2022

Bitcoin has rocketed off of news about the Russian sanctions. We have blasted through resistance at 40K, which we anticipated would hold, and have clawed back to 43.8K, where we are meeting resistance. We are seeing support from below in a narrow band between 43.8K an the next level below at 43.1K. Watch the vacuum zone below to 41.9K. We should have strong support there, but if not, then 40K should provide support where it just recently provided prohibitive resistance. The Kovach OBV is strong, but has started to level off. If we can muster the strength for another breakout, then 45K is the next target.