$50K Bitcoin??

Bitcoin caught a bid off lower levels at $43.8K. It has broken through the curve bounding the 'rounding off' behavior. This plus the clear rejection of lower the lower bound of the price range is a bullish sign for Bitcoin. We won't be out of the woods yet until we can solidly break $48.2K. This is the upper bound that Bitcoin has respected since its recovery from the $30K's. We have one more level around $49K before we will make the ultimate test of $50K. The Kovach OBV was strong with the rally but has flat lined suggesting it has petered out for now.