Bitcoin has seen some life recently as it has rejected the low 30K handle and made a run for what appears to be 40K. However, 37K is proving to provide some resistance and seems to be a significant barrier to the beleaguered BTC. We have a red triangle on the KRI at 37.9K, suggesting we may see a pullback from these levels, which are the only thing standing in the way of BTC and 40K. If momentum picks up we could test 40K again today. If not, we will likely see support at 33K. As stated before, 30K seems a min lower bound for now. The Kovach OBV is still weak but showing signs of picking up.
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