BitcoinLong
Can Bitcoin See $40K Again??
Bitcoin caught a nice pump in tandem with stocks. We were able to break 38K, albeit barely, with a wick extending up to 
39K or so, before retreating to support at 38.2K. The Kovach OBV has picked up notably with the pump but has since curved downwards as Bitcoin is meeting stiff resistance at 39K. It appears we will need to wait for the North American stock session to open to determine if Bitcoin can make another run for 40K. If not, expect support at 38.2K, 37.7K, or 36.7K. After that, there is a vacuum zone to 34.9K.
39K or so, before retreating to support at 38.2K. The Kovach OBV has picked up notably with the pump but has since curved downwards as Bitcoin is meeting stiff resistance at 39K. It appears we will need to wait for the North American stock session to open to determine if Bitcoin can make another run for 40K. If not, expect support at 38.2K, 37.7K, or 36.7K. After that, there is a vacuum zone to 34.9K.
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