Bitcoin has edged higher, hugging the $20K level. We have broken just above this level but are still a bit far from $20.7K, a technical level Bitcoin has tested many times over the past few months. The Kovach OBV is very bearish, but does appear to be leveling off. We must first break $20.7K before testing higher levels the next of which would be $22.4K. If we reject current levels we should find support at $18.6K which we expect to be a floor price for now.
Join my discord at discord.io/quantguy
