quantguy

Bitcoin Hits $24K! What's Next?

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin got a strong burst of momentum, taking us to the next target of $23.9K. Currently, we have broken just past that level and are testing $24K. We are seeing genuine momentum come through and the Kovach OBV has picked up to confirm it. We are on the precipice of the vacuum zone to $25.1K, which is our next target. If things turn south, then we could retrace back to $22.4K. After that, we would return to the previous value area Bitcoin held between $20.7K and $22.4K.

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