Bitcoin is testing support at the lower bound of its range between $43.8K and $46.2K. We should see some support here, but the Kovach OBV is tapering downwards, which could suggest a bear divergence. Current levels are a good place to consider a long position, as we have good support here, and the risk management is tight. If we do break $43.8, we will likely test lower levels in the $40K handle. The level to break remains $46.2K but after that we should be able to break through the vacuum zone to $48.2K
Comment:
Bitcoin getting support at $43.8K, exactly as mentioned in the report!!
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