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Bitcoin can drop from resistance

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In my previous analysis, I said that my sell zone for Btc is around 40k.
After a dip due to the Ukrain war, Bitcoin reversed and touched this zone, so I'm in my first sales set.
My outlook remains bearish despite this reversal and I maintain my opinion that rallies should be sold for a 33k target.
Keep in mind Btc's high volatility when you set SL and the fact that this resistance extends to around 42k.

Best of luck!
Mihai Iacob

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