Bitcoin Dips, Finds Support

Bitcoin has dipped further, breaking down from the 60K handle. We broke past 59.4K, the first level in the 50K handle. Currently, we appear to be finding support just above 57.7K. The Kovach OBV has dipped significantly, registering the selloff. We are seeing a green triangle from the KRI to suggest support, but if not, we anticipate support at 56.8K, and 55.7K.