Bitcoin took another giant dive over the weekend. It has found support exactly at our technical level of $41.9K. We are currently facing resistance from technical levels between $45K and $46.2K. This will take some momentum to break through, but but if we can, the next target will be $48.2K, which was once our absolute lower bound. Both Kovach momentum indicators are bearish suggesting we are oversold and due for some bull momentum.
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