quantguy

Bitcoin Holds $60K

BITSTAMP:BTCUSD   Bitcoin
Bitcoin saw some volatility from the Federal Reserve FOMC minutes yesterday. We saw a large wick which dipped to support at $60K, but the $60K's are currently holding strong. Bitcoin has since rebounded to value around $61K. We are currently testing our level at $61.6K, and are finding support as confirmed by a green triangle on the KRI. Beware of the vacuum zone down to $59.4K. The Kovach OBV has dropped off significantly, so we will need further momentum to come through before we can consider higher levels again. But if so, then $62.4K will be the next resistance level before $64.3K.

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