Bitcoin has made it back to higher levels and has broke just past our level at $59.4K. This is the final level between BTC and highs at $61.6K. The price action appears to be 'rounding off' and we may anticipate some ranging or a retracement. The Kovach OBV is still bullish but could be overbought at this point. We are certainly ready for new all time highs by the summer, but we may have another continuation of this sideways corrective pattern first.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.