quantguy

Bitcoin To Reestablish $30K??

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin appears to have bottomed out for now at $25K, making a rebound over the weekend to test $30K. We made it to our level at $31K or so before a retracement took us back to the high $29K's. The Kovach OBV appears to have bottomed out as well, and is gradually inching back up. If we break through $31K, then we will likely find resistance in the $34K's. If we sell off further, then we do have some support at $28.8K and $27.9K, then there is a vacuum zone down to $25K again.

Join my discord at https://discord.io/quantguy