BTC broke the trend line and reached a higher level and that trend line can be used as a support too. since the RSI trend line broke too we have to wait for it so we can see what happens to the trend line . if it breaks down maybe we can see 32k BTC again but if it stays well maybe a bounce and a pump happens and we reach over 40 k which there is a resistance at 41-42 k range and that is a critical point too. if that resistance breaks to up we can hope for a 10k pump in most optimistic way or at least reaching 48 k.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.