Bitcoin Resumes Rally

Bitcoin appears to be back to bull mode. We broke through significant highs first at 45K then at our next target of 47.4K. The Kovach OBV is very strong, indicative of a proper crytpo rally. It is not a coincidence that stocks are rallying as well, with crypto obeying the correlation. Currently, we are testing the 48K's, finding resistance at our level at 48.2K. If we are able to break through this the next level is at 49.7K. We should be anticipating a technical correction soon, with support at 45K.
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