Bitcoin continues to edge down from our level at $20.7K. We made a concerted effort to break through to the $20K's, but a persistently hawkish Fed has dampered attempts to reach $22.4K, our next target. The price action is looking weak and the Kovach OBV remains relatively flat. Expect support at $20K, then $19.5K if things turn south.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.