Bitcoin Ranges, Volatility Consolidates

٥ نوفمبر ٢٠٢١

Bitcoin is ranging, but volatility appears to be consolidating at 62.4K. We are currently finding support at 61.6K. The Kovach OBV is completely flat, suggesting we should not expect any immediate drastic moves, however the volatility has consolidated quite a bit which suggests that we will breakout soon. Our next target is 64.3K from above. If weakness sets in, then 59.4K is the next level down.