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Bottom Near for Bitcoin??

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Bitcoin has fallen deeply into the 20K's, but found support at 25.1K. We have subsequently rallied and appear to be attempting to claw back to 30K. We anticipated yesterday, that 28K was a target if we got some momentum, and we were able to meet and break that target. However, the 30K's appear to be giving us some resistance at 30.2K and 31.0K. The Kovach OBV has picked up notably. A swing of 5K is exactly what we would expect from crypto near a bottom. However, don't get caught in a 'bull trap' as we may press lower once more. If so, 25K should be considered a lower bound for now, however keep in mind, that on the daily charts there is a vacuum zone below to 19K, a strong technical and Fibonacci level.

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