quantguy

Bitcoin Holding Strong

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has maintained strength as the crypto rally continues. As predicted, we are running into resistance at $20.7K, with a red triangle on the KRI confirming resistance. The Kovach OBV is still strong so we will see if we have enough strength to break out to $22.4K. If not, we should expect a retracement back to $20.0K or perhaps further to $19.5K with $18.6K a likely floor.

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