Bitcoin has returned to support at 36K after finding resistance at 40K. We anticipated resistance here, since this would be a psychological barrier. Furthermore there are a cluster of levels here between 40K and 41.9K which will be difficult to punch through. Once we do, however, there is a vacuum zone up to 45K. The Kovach OBV is picking up but still very weak at this point. We still believe that 30K is the bottom for now.