Bitcoin Breakout??

11 Ağu 2021

Bitcoin is forming a bull wedge pattern at the uppermost of a cluster of levels between $45-46K. Volatility has consolidated greatly as we have met resistance at these levels, exactly as we have been telling you here in these reports. The Kovach OBV was once strong, but has now tapered as BTC continues to range. If we are able to breakout, then our next target is 48.2K. If we retrace, we will see support from 45.6K, but there is a vacuum zone down to 41.9K.