Bitcoin has made new highs yet again. It came just shy of our projected profit target of 38.6K. This appears to be the first leg of the next Elliott Wave impulse. Watch for a small retracement soon. If so, 34.4K will provide support. The Kovach OBV is still very bullish, so there is no reason to anticipate a reversal any time soon. However, the longer it continues to moon without any significant retracement or ranging, makes it look more and more like 2017.
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