Can Bitcoin Hit $60K??
Bitcoin has trended upwards, but is meeting resistance at 57K. It is currently holding a very narrow range between 56.9K and 57.7K. The next level above is 59.4K, which is the last technical level before 60K. We are seeing good support at 56.9K, but also resistance at 57.7K as identified by green and red triangles on the KRI, respectively. Watch for support below at 54.3K or 52.8K. The Kovach OBV is still very strong overall, but has leveled off to reflect the ranging.
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