Here is my current analysis of BTC. Currently in a descending channel which possibly see a retest of resistance trendline this week, another rejection I see new lows and looking for support at the $37,700 support level. However with a increase in volume and a break of this resistance could see the confirmation of the trend reversl we are looking for to set sights on new ATH next month, starting with a confirmation of resistance break above $52,000. At present there are no key indicators to lean either way until the resistance trendline is tested.
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