quantguy

Bitcoin Regains the $20K's

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BITSTAMP:BTCUSD   Bitcoin
Bitcoin bottomed out in the $19K's and is making a run to regain the $20K's again. We have hit $20K and are inches away from our level at $20.7K. Red triangles on the KRI are setting in, indicating that we are running into resistance. The Kovach OBV is starting to curl upwards but appears weak. We should see resistance at $20.7K but if not, the next target is $22.4K. If we test lower levels, $18.6K is likely to be a floor price for now.

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