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BITCOIN UPDATE

221

We saw a nice daily close yesterday from btc but we still failed to break above this key level of daily resistance.... currently we can clearly see a range bound market trapped between this S/R until the market remains in this range we cant be looking for an opportunity.... however if it breaks and closes above this resistance we will then have a nice impulse on the daily timeframe and if we will see a correction we can look to execute a nice long. On the other hand if this support breaks to the downside we are likely to see another retest of the 30k support (618 fib)

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