Bitcoin Regains the $20K's

٣٠ أغسطس ٢٠٢٢

Bitcoin bottomed out in the 19K's and is making a run to regain the 20K's again. We have hit 20K and are inches away from our level at 20.7K. Red triangles on the KRI are setting in, indicating that we are running into resistance. The Kovach OBV is starting to curl upwards but appears weak. We should see resistance at 20.7K but if not, the next target is 22.4K. If we test lower levels, 18.6K is likely to be a floor price for now.