Bitcoin Continues the Range

٧ أبريل ٢٠٢١

Bitcoin has extended the range, and is finding support at what appears to be a new technical level at 56.8K. This appears to be the lower bound of our current range, with the high at 59.4K. BTC is 'rounding off' which may signify further retracement. If so, watch 55.7K and 54.3K for support. Our next target on the upside is 61.6K. The Kovach OBV is still relatively strong but has leveled off which could suggest BTC is letting off the gas for now.