Bitcoin Finds Support!!

Bitcoin collapsed as low as 40K before finding support (as confirmed by a green triangle on the KRI) and recovering to 43.2K. It seems that Bitcoin is unwilling to give up the 40K handle for now. We should see prices equilibrate in the 43K-45K range for the time being. The Kovach OBV is incredibly oversold, so we could see another selling wave come through. If so, watch for support in the 41K's, but if we test 40K again, it could be sign that we are getting comfortable with the low 40K's and likely to test the 30K handle again.
altcoinsBitcoin (Cryptocurrency)blockchainBTCChart PatternscryptoFUDghostsquawkTechnical IndicatorskovachTrend Analysis

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