Bitcoin Relief Rally

Bitcoin caught a lift from lows at $48.2K back to $52.8K. It is clear we are in a bear trend right now, but this is unlikely to last much longer. BTC has rejected to $40K's suggesting it is comfortable with the $50k's for now. The bounce back to $52.8K may just be a relief rally. We don't seem to have very much sustained momentum, but the Kovach OBV is picking up, which could suggest the beginning of another uptrend. If so, $54.3K and $55.7K are our next targets.