Bitcoin has fell from the 40K's to the value area between 38K and 40K. We made a run for lower values but found great support at 37.7K. We are currently seeing a lot of resistance above confirmed by multiple red triangles on the KRI. Indeed, 40K should provide a barrier for now, but if we are able to break through, then we have two strong levels in the 41K's which makes this the next target. If we break down further, watch the vacuum zone to 34.9K. The Kovach OBV is pretty flat, so anticipate more ranging, though the risks remain to the downside.