Bitcoin has made new highs yet again. It came just shy of our projected profit target of $38.6K. This appears to be the first leg of the next Elliott Wave impulse. Watch for a small retracement soon. If so, $34.4K will provide support. The Kovach OBV is still very bullish, so there is no reason to anticipate a reversal any time soon. However, the longer it continues to moon without any significant retracement or ranging, makes it look more and more like 2017.
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