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Bitcoin Approaches Strong Support Zone

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A double top has been confirmed on a daily chart with a downside target around 74550. This corresponds nicely with previous resistance turning potential support (73794-71958) and an upward sloping trend line. Below this zone are two overlapping volume profile ledges (70721-57340). I expect buyers to enter and hold 65k+. However, if 56k is taken out significant chart damage will be done for bulls.

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