Bitcoin is hovering just under $59.4K. This could be a bull wedge in the making, or we could continue a sideways corrective pattern. Either way, it seems BTC is gearing up for another breakout and that would take us back to highs at $61.6K. The Kovach OBV is still pretty strong but is leveling off. For now the range between $55.7K and $59.4K should hold. The next target after this would be $64.3K.
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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.