Balance always leads to excess to either the upside or downside. If buyers can take price above $48K and find support look for it to head up toward $57K. If we break below $39K and find resistance. Look for support at $34K.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.