Bitcoin is hugging the newly established upper bound at $48.2K. We may be seeing a double top forming, but it seems that there is strength in the crypto market and Bitcoin is establishing value between $46.2K and $48.2K. If we can muster the strength for a breakout then our next target is $49.7K, which is the last target in the $40K handle before we hit the $50K's. If we face resistance from here we have good support in the $45K range from a cluster of levels.
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Join my discord at discord.io/quantguy
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