Get started
Bitcoin
Long

Bitcoin Faces Headwinds

By quantguy
Bitcoin has made a run for highs again, but rejected 41K. We are seeing a lot of resistance here confirmed by multiple red triangles on the KRI. We are currently ranging in the narrow value area between 40K and 41K. The Kovach OBV has slumped, but if we pick up we can expect a blast off to 43.1K. If we break down further we will reestablish the value area between 38K and 40K.
altcoinsBitcoin (Cryptocurrency)blockchainBTCChart PatternscryptohodlTechnical IndicatorskovachquantguyTrend Analysis
quantguy
Join my discord at discord.io/quantguy
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.