BTCUSD again touch strong resistance of trendline and is falling
As we said before, there are two main resistances here after this 60% pump:
First: 200 MA resistance of daily timeframe that we had analysis about it linked below. Second: New trendline that formed in lower timeframes like 4H and we can see it in the chart.
So we need correction here technically and we are looking for targets like: A. 41600(50 MA support) B. 38000
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