Bitcoin has continued to range, continuing the broad sideways correction since highs. This will give bulls plenty of opportunities to buy. We seem bounded by $59.8K for now. The lower bound is $55.7K. Bitcoin seems to be content within this range and the Kovach OBV has stagnated slightly, in confirmation. If we reject this level $54.3K will provide support from below, and $61.6K will provide resistance.
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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.