quantguy

Bitcoin DUMPS!! What's Next??

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin took a dive in close alignment with stocks yesterday. As predicted right here in these reports, BTC gave up the $45K-$46K range, finding support exactly where we said it would at $43.1K. The Kovach OBV has turned sharply south, but we do appear to be finding good support at current levels as confirmed by green triangles on the KRI. If we pivot from current levels, watch for stability in the $45K-$46K range again. If we selloff further, then we should have further support in the $41K-$42K range, with $40K being a floor for now.

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