
Bitcoin tested the upper range resistance and made a high of $40,500. The good thing is that BTC is holding above $36,000. As long as BTC is above $36,000 the bullish case is valid and we may see another retest of the $40,000-$42,000 resistance zone. Bitcoin also tested the 100 MA and rejected from there. The Amazon news made the pump and dump. Bitcoin nearly tested the $36,000 area and we may see next leg up now.
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