Bitcoin appeared to be making a nice run for a technical level at 34.9K but fell just short of this and broke through 34.0K. We feel a good pump may be near. There is a divergence between the Kovach OBV and the price action (identified with red arrows). Additionally, Bitcoin has been ranging in the 30K's for an uncomfortably long period. Many pundits have been calling for the 20K's or lower, and we simply have not seen that. The crypto market is really good at rejecting the ideas of would-be analysts. If we do build some momentum watch 36.7K, and if we break current levels solidly, then 32.3K should provide support.
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