Bitcoin Ready for Another Dip??

15. Jan. 2021

Bitcoin had another rally, but it looks like it is running out of steam. It started rounding off right around the technical and psychological 40K level. We could see lower prices soon, and a great chance to get in on a long trade. If we dip further, $36.3 is the nearest technical level. Next we will have support at 34.7K, then 33.4K, but of which are Fibonacci levels. The Kovach OBV is really strong however, so if we do see a dip, it will be momentary.