Bitcoin Maintains Narrow Range
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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.
Not
Bitcoin testing lower levels of support! 54.3K seems to be holding for now, but if not, watch 52.8K
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