BTC/USD - Update

New Information!

The Fibonacci level of 0.382 was held, indicating a strong uptrend. The price on the lower timeframes was creating higher lows, which we could clearly discern. The 42K level was broken, and the price is now retesting it as support, as well as the high of the value area. If this level holds, I expect to see the higher resistance levels of 43K and 44K tested.

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