BitcoinLong
Bitcoin Still Consolidating
Bitcoin is continuing the consolidation pattern we identified yesterday. We are seeing ranging in the very narrow band between 34K and 34.9K. The Kovach OBV is very flat but if the longer trend is to make a difference, we could be gearing up for a breakout soon. The level 36.7K will provide resistance from above, and there is a steep vacuum zone below to 
31K if momentum turns south. We are still safely ensconced in the 30K's and must break 37K before attempting 40K, which will be a significant barrier
31K if momentum turns south. We are still safely ensconced in the 30K's and must break 37K before attempting 40K, which will be a significant barrier
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