BTC

Bitcoin again tested the support zone and bouncing from here. The local resistance is now $58,000 area. BTC is trading in the range of $55,500-$60,000 and we may see more sideways movement this week before a breakout. The resistance to break is $60,000 to go towards the $70,000 area. We will see high volatility in the market in coming weeks.
BTCTrend Analysis

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