quantguy

Bitcoin Finds Support at $60K, Stabilizes

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has found solid support in the low $60K handle, and gotten meager lift to the $62K's. We are currently seeing support at $62.8K. The Kovach OBV has flattened, which suggests we may see continued ranging. Watch for Bitcoin to establish value between $61.6K and $64.3K. It will take some momentum to take us back to highs at $66.3K. If we can muster the strength for another rally, then $68.6K is the next target.

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