quantguy

Bitcoin Regains $60K's

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BITSTAMP:BTCUSD   Bitcoin
Bitcoin has found strong support in the high $50K handle and has regained the $60K's. We are currently facing resistance from $61.6K and $62.4K. Several red triangles on the KRI are indicating strong resistance here, and the Kovach OBV is still very bearish. It is likely we will test lower levels again at $57.7K and $56.8K, but if not, we have a vacuum zone above to $64.3K, then $66.3K is the next target at highs.

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