Bitcoin Poised to Break Out??

19 ก.ค. 2022

Bitcoin is trending upwards, but is having issues breaking out of the range. We are seeing a lot of resistance from the upper bound at 22.4K, confirmed by multiple red triangles on the KRI. The Kovach OBV is fairly bullish, but it remains to be seen if there is enough momentum to break out. If so, 23.9K and 25.1K are the next targets. If we retrace, watch for support at the base of teh 20K handle, with 18.6K a likely floor.