This is a quick but simple update ! BTC faces 42k resistance the buyers still hold the price tight above the lower line (by candles closure ) Overall the market is trading in range of this channel since start of 2022 (almost 5 months ! )
WHAT NEXT ? –As long as the daily candles still close above this line the situation is bullish toward 44k 46k 48k ++
–If daily candle closed below it expect the price to hit 37k
What do you think ? share in comments section below
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