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Technically speaking: BTC short term




The BTC price failed to run higher and broke 41 -42 levels. The next critical levels to watch are 37 -38K and 35 - 36K. If the price breaks those levels, it will retest 30K.





On the upside, the price oversold in the shorter time frames and sat right at the Ichimoku Kenjun span. I expect a bullish rally but not an uptrend.


There are two levels to watch: 45K and 35K. Breaking either way will trigger a rally.


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