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BTC is bullish but may face some local setback

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The Daily chart shows an inverse Head and Shoulder pattern which is trend reversal pattern (bullish signal)
The MACD is above 0 (bullish signal)
RSI seems to be strong

Having said this we might see a downturn to around 40K or even 38K before we see it bounce back to 58K support level

This is not financial advise.

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