BTC outlook for 5 May 2022.
BTC closing off the day bullish yesterday after the FOMC news event. For today I would like to see BTC come back down and retest the 39k level before rejecting it and continuing back towards and above the important 40k level. If we manage to get a close above the 40k level I believe BTC will continue its push upwards towards my weekly target zone around 40,8k.
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