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Bitcoin Testing Highs

Bitcoin has been holding the range in the 30K's for some time now. It has just retested the high at 34.9K, but appears to be rejecting it now, as confirmed by a red triangle on the KRI. If this is the case, watch for it to span the range again, to the lower bound of 31K. The Kovach OBV does seem to be gradually picking up which definitely suggests a small upside bias is forming. Watch for BTC to consolidate into perhaps a bull wedge pattern before breaking out.

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