quantguy

Bitcoin Maintains Narrow Range

quantguy Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is continuing to maintain a narrow, but highly volatile range between $55.7K and $55.7K. There is a bull bias to the Kovach OBV so we could be gearing up for a breakout. Several green triangles on the KRI are indicating strong support at this lower bound. If we break out, then $59.4K remains the next target, and last significant level before $60K. From below, $52.8K should hold as a min lower bound.
Comment:
Bitcoin testing lower levels of support! $54.3K seems to be holding for now, but if not, watch $52.8K

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