Bitcoin has regained highs, inching past $57.8K before a brief retracement to support at that level. The difference between new relative highs is getting smaller, suggesting that we may be due for a retracement soon. If so, then there is a cluster of levels likely to provide support, starting at $54.3K. But $52.8K, and $50.8K are likely to hold after that. If Bitcoin has more strength, the next level is $59.4K, the last level before $60K. The Kovach OBV is solidly bullish, so the trend is definitely strong.
Join my discord at discord.io/quantguy
Related publications
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.
Join my discord at discord.io/quantguy
Related publications
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.