Ukraine Talks Lift Bitcoin

Bitcoin bottomed out at 38K as we have been anticipating here in these reports. We discussed this yesterday and gave explicit levels where BTC would likely find support. News of potential easing on the Ukraine conflict has given the crypto market a nice lift and we are currently testing 40K again. The Kovach OBV has declined but is starting to lift with the news. If we continue to rally, then we will next meet resistance in the 41K's then 43.1K will be the next target. If we reject current levels, look to 38K to provide support again.
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