$20K Bitcoin in Sight?? 📉
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Bitcoin keeps aggressively selling off, without so much as a relief rally. We are currently finding support at 
31K, though it really looks like we are considering breaking down to 30K which is obviously the last barrier to the 20K handle. Watch for Bitcoin to form a bear flag and consolidate here, then to break down further if that is the case. At the moment, it will probably level off in a consolidation pattern like a wedge or flag, before making its next move. We have a lot of ground to cover on the upside if buying does come through for us. But 
36K will provide significant resistance, before 40K which has been our absolute upper bound for some time. The Kovach OBV is very bearish, but has picked up ever so gently, nowhere near enough to give us hope at this point.
31K, though it really looks like we are considering breaking down to 30K which is obviously the last barrier to the 20K handle. Watch for Bitcoin to form a bear flag and consolidate here, then to break down further if that is the case. At the moment, it will probably level off in a consolidation pattern like a wedge or flag, before making its next move. We have a lot of ground to cover on the upside if buying does come through for us. But 36K will provide significant resistance, before 40K which has been our absolute upper bound for some time. The Kovach OBV is very bearish, but has picked up ever so gently, nowhere near enough to give us hope at this point.Not
As promised!! Bitcoin made it to the 20K handle!!
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Feragatname
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