Bitcoin has pressed down through a vauum zone from $40K down to $37.7K. This is the exact level we told you we would see support. If support does not hold, watch for $36.7K, but if that doesn't hold there is a vacuum zone back down to $34.9K. The Kovach OBV was once strong, but has drifted back down as the price has fallen. If we are able to find support here, then watch for BTC to establish value between $37.7K and $40K. If we can break out from here, watch for $41.9K and $45K as our next targets.
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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.