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Bitcoin Retraces!!

Oleh quantguy
Bitcoin tested 41.9K over the weekend, but we were unable to break this level and we retraced back to 40K. Currently, we are finding support just under 40K, which will now provide resistance. There is a vacuum zone below to 37.7K, and immediately after that we will find further support from 36.7K. The Kovach OBV has dipped slightly to reflect the retracement, but is still relatively strong. If we are able to muster the strength to best 41.9K, then our next target is 45K
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quantguy
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