Bitcoin has stabilized between $57.7K and $59.4K. We are seeing momentum 'round off' confirmed by the Kovach OBV. If you anticipate a bull breakout, look for $61.6K as the next target. however a retracement or at least some ranging is to be expected and we will have support at the lower bound of the range, $55.7K and $54.3K. These might make good entry opportunities to load up.
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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.