Welcome to this quick update, everyone. Although BTC is holding the 29K level quite strongly it needs to get above the trading range to rally towards upper targets, 32k, and 35k. (I know you know this already!) Lower support is around 28k and resistance is around 30.8k. We have already seen a fakeout (the red circles)! I've shown the expected move in the chart, let's see how it goes. For scalpers:- The long level is around $29,280 with SL below $28670 with a target of 32k. *Not financial advice. DYOR.
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In the last BTC chart, you might see another picture but failing to get above 32k resistance, multiple times is not good for BTC. The bulls need to do this soon.
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