Bitcoin dipped last night and it appeared that we may have given up the $45K range. But we saw support quickly from just above our level at $43.8K. Currently we are testing $45.6K again from below. This is roughly the midpoint of the range between $45.2K and $46.2K. Bitcoin has established value here before, so we may anticipate it to do so again. But these levels have proven to provide significant resistance in the way of a rally, so be mindful of that in the event BTC catches a bid. After that, however we have a vacuum zone to $48.2K which is one of the final levels of the $40K handle. The Kovach OBV has dipped sharply in a divergence with the price.
Join my discord at discord.io/quantguy
