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Bitcoin Sells Off!! Finding Support??

Bitcoin has taken a sharp turn for the worse. We anticipated support at 41.9K, and we started to see what looked like a pivot, with a sharp buy that made an attempt to break out back to 43.1K. However this was quickly smacked down and we made another run for 40K. Currently, we are seeing a bit of a buy back, which is currently testing 41.9K. The Kovach OBV is still very bearish, arching down after flatlining for a bit. The volatility at current levels may suggest a bottom and mark a signal to start accumulating a long position, so long as buyers are aware that we could see lower levels. We are still eyeing 38K, and if malaise from bulls persist, we should eventually test this level. If the small rally we are seeing at the time of this writing persists, then 43.1K is the next target.