BTC facing key resistance
BTC has been stuck in a range between 45500 and 35000. Now is the defining moment. BTC is now facing a cluster of resistance: resistance line at 45 500, 200D EMA and 20W SMA. If it consolidate and breaks above the 20W SMA at 46296.3, It is bullish and the next target will be at 52k. If not, things could get ugly and BTC will be rejected to its next target at 37.5k
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