Bitcoin Maintaining Highs of the Range

16 giu 2021

Bitcoin is maintaining a narrow range, hugging highs at 40K. We have support from below from 40K which is a good thing, but if this does not hold we are back to the 30K's again. The level 37.7K should provide support, but we have 36.7K just below it as well. Again, 30K seems like a hard lower bound for now. If and when we muster enough momentum to break out of this range, 45K will be the next target. The Kovach OBV has picked up from lows but has slumped reflecting the ranging