Bitcoin Continues to Range

Oleh quantguy
Bitcoin has found support at 40.8K. It is currently playing the broad range between this lower bound and 45K. We are currently facing resistance at 43.8K. The Kovach OBV is very weak, and the Chande has dipped dramatically. We are currently finding support at 43.1K, but it does appear that momentum has dried up for now. It will take significant momentum to break through 45K, so watch for BTC to maintain current levels for now.
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quantguy
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