Bitcoin is finding nice support at $56.7K. The price has rounded off from relative highs at $59.4K. We will find further support at $54.3K and again at $52.8K. The Kovach OBV has dropped significantly, so BTC appears to be in the doldrums right now and content with current levels. Another wave of momentum would take us back to the high of the range, which would provide resistance, and must be broken before we can see all time highs again.
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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.