Bitcoin Limp. When to Buy??

٢٦ يناير ٢٠٢١

Bitcoin has been quite flaccid lately. It has leveled off in the low 30K's and seems content there. The Kovach OBV has dropped off dramatically, confirming the malaise. Longer term, these are likely to be bargain levels in BTC, so if you have not added to your position, now may be the time. We will have support at 28K if BTC dips lower. Some momentum should take us to 33.6K or 35.2K, which would be nice levels to take profit if you are trading Bitcoin.