Bitcoin
Corto

Bitcoin Clings to $20K

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Bitcoin has been wavering in the high $19K's and low $20K's since the end of June. We just have not seen much buying interest in crypto. Strength in the dollar and weakness in stocks seems to suggest we won't be seeing any massive pumps any time soon. If we do, $20.7K and $22.4K are the next targets. If we retrace, we should see support at $18.6K, then $17.6K. The Kovach OBV is steadily rising suggesting a bull divergence. If we do see a breakout, $22.4K is a likely ceiling.

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