Bitcoin to $50K??
Bitcoin has held its ground around relative highs, maintaining a narrow band between 48.2K and 46.2K. The Kovach OBV is looking pretty strong, but has started to curve over, indicating that we will need another burst of momentum before considering higher levels. We do appear to be ready for a technical retracement, that could take us back to support at 45K. But if we catch another burst of momentum, we the next target is 49.7K, the final target before 50K. If stocks rally again, we could easily hit this target today.
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