Bitcoin is consolidating at lower levels. After the selloff we are feeling out the range between $52.8K and $57.7K. We may be forming a bear flag here, so be mindful of momentum either way. The Kovach OBV is a bit oscillatory at this point, so it could go either way. We are still bullish of Bitcoin and would continue to be so even if it dipped to the $50K. It was due for a proper crypto dump. If we manage to break out of the range $59.4K will provide resistance again, the final barrier before $60K.
Join my discord at discord.io/quantguy
