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Technically speaking: BTC short term

Writer's picture: CryptofoolCryptofool

As expected, BTC price lost steam during the day and started to drift lower. The key support is at around 39 - 40K There are three possible outcomes.


  1. Price bounce off the Kijun-sen and moves higher

  2. Price will bounce off 40K support line and rallies

  3. Price breaks the support line and moves lower. The next support line is at 36K



Buy Bitcoin: Coinbase


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