Bitcoin Retracement Might Be Short Lived

The fallout from the Segwit fork cancellation has taken its toll on Bitcoin, for the moment. Kovach Momentum Indicators suggest that there is still a lot of steam behind Bitcoin's massive rally. Also, the Kovach Crypto Spread indicator suggests that funds are flowing from Bitcoin to altcoins. Consider adding to a Bitcoin position, but be prepared, as Bitcoin may dip further.

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