BTC analysis

in LeoFinance4 years ago

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As mentioned BTC break the range in downside and we see a retest of the $44,000-$44,500 support. BTC need to hold this support otherwise we see $42,500-$43,000 retest. The resistance for now is $47,000 and BTC need to flip this level to become bullish. Bitcoin is forming lower low (LL) and lower high (LH) on smaller time frames. The local resistance area is $45,800-$46,000.

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If BTC break this 43k,we may see a bear market

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