Bitcoin Attempts a Breakout

٣٠ سبتمبر ٢٠٢٢

Bitcoin has established value in the mid 19K's and appears to be making an attempt to break out. At the time of this writing we are seeing a wick above 19.5K, a strong level of resistance and upper bound to the bull wedge BTC was forming. The Kovach OBV is incredibly bullish suggesting a divergence in price that is being realized at this moment. We are currently running into resistance at 20K, but if we can break through then 20.7K will provide resistance, and is our next target. If we retrace, then 19.5K or 18.6K will provide support.