Bitcoin has been holding the range in the $30K's for some time now. It has just retested the high at $34.9K, but appears to be rejecting it now, as confirmed by a red triangle on the KRI. If this is the case, watch for it to span the range again, to the lower bound of $31K. The Kovach OBV does seem to be gradually picking up which definitely suggests a small upside bias is forming. Watch for BTC to consolidate into perhaps a bull wedge pattern before breaking out.
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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.