Bitcoin

Bitcoin Holds $60K

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Bitcoin saw some volatility from the Federal Reserve FOMC minutes yesterday. We saw a large wick which dipped to support at 60K, but the 60K's are currently holding strong. Bitcoin has since rebounded to value around 61K. We are currently testing our level at 61.6K, and are finding support as confirmed by a green triangle on the KRI. Beware of the vacuum zone down to 59.4K. The Kovach OBV has dropped off significantly, so we will need further momentum to come through before we can consider higher levels again. But if so, then 62.4K will be the next resistance level before 64.3K.

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