Bitcoin Poised to Break Out??

Bitcoin is trending upwards, but is having issues breaking out of the range. We are seeing a lot of resistance from the upper bound at $22.4K, confirmed by multiple red triangles on the KRI. The Kovach OBV is fairly bullish, but it remains to be seen if there is enough momentum to break out. If so, $23.9K and $25.1K are the next targets. If we retrace, watch for support at the base of teh $20K handle, with $18.6K a likely floor.